Expectations of a stock split pushed Williams-Sonoma shares up on 8 July, while the publishing of positive market analysis gave Intel a boost. What was behind NYC traders’ enthusiasm for these firms on July 8th?
On Wednesday, June, 12, the S&P500 and the Nasdaq reached new highs. This surge was mostly driven by cooler May inflation data, which supported market speculation on the Fed’s potential rate cuts, as well as tech and homebuilder stocks. Learn more.
Despite Fed Neel Kashkari’s hawkish comments, US stocks have displayed resilience, providing investors with a sense of stability. Lyft has shone brightly with its positive growth while the EV industry faces obstacles.
On April 30- May 1, 2024, in the third FOMC meeting of the year, despite anticipations of rate cuts, the Fed maintained rates unchanged for the 6th time in a row, hinting that inflation is still stubbornly high.
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