Solid Start to Earnings and AI Frenzy Prop up Equities
Tech stocks surge, led by Google, amid strong quarterly results from PepsiCo and Delta. AI advances and cooling inflation fuel market optimism despite potential rate hikes.
Tech stocks surge, led by Google, amid strong quarterly results from PepsiCo and Delta. AI advances and cooling inflation fuel market optimism despite potential rate hikes.
Equities climbed as slowing inflation data eased pressure on Treasury yields, stirring optimism for a potential final rate hike, fueling a rally in tech and commodities.
ASX gears up for a robust day, influenced by China’s expected stimulus, U.S. cyclical and banking upswing, and policy developments from central banks of New Zealand and Australia.
Equities rebounded Monday, bracing for key inflation data ahead of Federal Reserve’s policy meeting, despite market fluctuations and inflation concerns.
U.S. job growth undershot forecasts, easing fears of aggressive Fed rate hikes, benefiting energy stocks while defensive sectors fell back.