S&P 500 Climbs On Cooler Inflation Data, Apple Reclaims $3-Trillion Market Cap, Biden Wants High-Speed Internet For Everybody
The S&P 500 and other major market indexes were ending the week on a high note Friday as…
‘Janet Yellen Sees Path To Cool Inflation With Healthy Job Market; U.S. Economy Proves More Resilient Than Thought, Secretary Says; Bidenomics Prioritizes Workforce, Productivity Investments’ – Bloomberg News
https://www.bloomberg.com/news/articles/2023-06-30/yellen-sees-path-to-cool-inflation-with-healthy-job-market?sref=TBDibEcD&leadSource=uverify%20wall
Treasury Secretary Janet Yellen reiterated her optimism
US Stocks Set To Finish First Half Of Year On A High: Why Analyst Sees Bullish Momentum Seeping Into H2
Trading in U.S. index futures point to a positive start in the final session of the second quarter…
Bitcoin Resurgence Ignites Memecoin Mania: Pepe, Dogecoin, Shiba Inu Ride The Wave
Bitcoin (CRYPTO: BTC) is breaking levels not seen since last April, and meme coins have also joined the uptrend.
Friday Showdown: Markets Brace For Fed’s Preferred Inflation Data While July Interest Rate Hike Bets Surge
The Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) price index for the month of May, will be released Friday.
Unaddressed Concerns Lurking Behind Fed’s Positive Stress Test: The Most Vulnerable US Banks
In the Fed’s 2023 stress tests, all 23 large U.S. banks demonstrated that they have sufficient capital to…
Why Several Bank Stocks Are Moving Higher Thursday
Shares of several bank stocks are trading higher Thursday following the Federal Reserve's stress test results, which showed all 23 banks tested remained above their minimum capital requirements during a hypothetical recession.
US Stocks Set For Strong Thursday Open As Traders Digest Earnings, Bank Stress Results: Why This Analyst Calls For ‘Some Caution’
Stock futures point to a positive start in the penultimate session of the month, as the momentum has…
Fed’s 2023 Stress Test Results: How Many Of 23 Banks Passed?
All 23 banks scrutinized in the Federal Reserve’s annual stress test have passed. The central bank says the…
Growing Yield Curve Inversion Raises Concerns Of Ignored Recession Warning in Stock Market
On Wednesday (June 28), the U.S. Treasury yield curve inverted further, with the yield on the two-year note…