Investors got a double shot of hawkishness from Federal Reserve (Fed) Chair Jerome Powell’s semi-annual testimony before the US Senate yesterday.
Powell
There are plenty of reasons that should push equities lower, but equities continue trending higher.
European and American stocks
Both European and American st
US stocks had a wobbling trading session yesterday. US equities gained, then lost, then rebounded to close the session in the green.
Nvidia
The 14% jump in Nv
US stocks failed to keep up with the European optimism on the back of rising bets that the Federal Reserve (Fed) could hike the interest rates to 6%.
In fact,