Fed officials have signaled they could pause rates this month as they slow their fight against inflation while also warning that more hikes could still be necessary.
Gbp/Usd Forex Signal: No End In Sight For The Sterling Retre menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Nasdaq outperformed today as mega-cap stocks Nvidia (NVDA) and Tesla (TSLA) popped. The major indexes suffered notable losses last week, with the technology sector bearing the brunt of the selling. However, bulls were given a reprieve Monday, with tech stocks soaring as bargain hunters looked past spiking Treasury yields to scoop up some of Wall Street's favorite names at a discount. All three main benchmarks finished last week with losses of more than 2% as Treasury yields jumped on growing