U.S. stocks rose sharply on Thursday, boosted by investor optimism that the Federal Reserve may have ended the cycle of Fed interest rate hikes that have strained the economy. The Dow Jones Industrial Average rose 565 points, an increase of 1.7%. At the same time, the S&P 500 Index, a broad measure of the performance …
Federal Reserve Chairman Jerome Powell speaks during a meeting of the Economic Club of New York in New York, U.S., October 19, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Nov 2 (Reuters) – A look at the day ahead in Asian markets from financial markets columnist Jamie McGeever. Asian markets are expected to open higher …
Crude oil, WTI, Brent, US dollar, gold, FOMC – discussion points Petroleum as the conflict in the Middle East develops, there may be sideways price action Haven assets remain desirable amid noise and volatility, such as: gold increases Markets appear to be ready for range trading in many markets Recommended by Daniel McCarthy Get a …