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Asian Stocks Set to Slide on Rekindled Rate Fears: Markets Wrap

Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap

(Bloomberg) — The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer. On the eve of the Fed decision, a broad gauge of US labor costs closely watched by policymakers jumped the most in…

Asian Stocks Set to Slide on Rekindled Rate Fears: Markets Wrap

Asian Stocks Set to Slide on Rekindled Rate Fears: Markets Wrap

(Bloomberg) Bonds rallied after Jerome Powell downplayed the possibility of interest-rate hikes and the Federal Reserve said it will shrink its balance sheet at a slower pace to ease strains in money markets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreas

Roku Investor Sentiment Decidedly Negative Into Earnings, Says Analyst - Roku (NASDAQ:ROKU)

J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on the shares of Roku. Roku is slated to report first-quarter FY24 earnings on Thursday, April 24.