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Rate cut hopes buoy US stocks ahead of uncertain 2024

Hopes that an economic soft landing will lead the Federal Reserve (Fed) to pull back on interest rates have ignited Wall Street’s appetite for stocks, despite concerns of slowing growth and the potential of an inflationary rebound in 2024. ....

Michael Green , David Randall , Charlie Mcelligott , Jack Ablin , Lewis Krauskopf , Jake Schurmeier , Christopher Waller , Deutsche Bank , Federal Reserve , Wall Street , Cboe Volatility Index , Fed President Thomas Barkin , Simplify Asset Management , Carolina Mandl ,

US energy use unaffected by manufacturing dent

US manufacturers reported that business activity declined for the tenth month running in August, though declines are becoming less widespread implying the trough in the cycle may be approaching. ....

John Kemp , Institute For Supply Management , Us Energy Information Administration , Supply Management , Second World War , Information Administration ,