Heavy buying over the past week has centered on options that would stand to benefit from US 10-year yields dropping to roughly 4.3%, some 15 basis points below where they are now and the lowest in more than a month.
Stocks soar on Fed rate cut speculation, best rally since November biznews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznews.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — Stocks headed toward their best three-day rally of 2024 in a rebound fueled by bets the Federal Reserve will cut rates this year. Oil pared gains after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt. The S&P 500 topped its average price of the past 50 days a…
(Bloomberg) — Stocks saw their best three-day rally since November, fueled by speculation the Federal Reserve will be able to cut interest rates this year. The S&P 500 rose 1% after topping its average price of the past 50 days a level seen by many chartists as key in maintaining the positive sentiment. A…
Markets today: S&P 500 keeps momentum going with winning run bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.