Wall Street’s fear gauge, the VIX, fell below 14 following the CPI data, an indication the market is expecting calm in the near-term. Stocks and long bonds stand to benefit as fears of a higher ...
To Skyler Weinand, chief investment officer at Regan Capital, the report “gives the Federal Reserve the green light for a 25 basis point rate cut at the December meeting, as it helps to confirm that ...
Cellectar Biosciences shares fell sharply after it revised its plans for its cancer-focused phospholipid ether drug conjugate platform and said it would cut 60% of its workforce. The stock was ...
Investors’ enthusiasm for US technology giants sent stocks higher Wednesday, snapping a two-day slide after a benign inflation report cemented expectations that the Federal Reserve will keep cutting ...
Initially, I wasn't sure the report matters anymore. Obsessing over prices feels so 2022, when inflation was through the roof and the Fed squarely focused on interest-rate hikes to tame the beast.