Here's How the S&P 500 Gets to 5,800 - and Stays Above It
Powell is not in a rush to cut interest rates quickly, but his patience is about to be tested!
Analysts believe that due to the complexity caused by strikes and hurricane damage, there will be two significant 50 basis point rate cuts in November and December.
US Stock Discovery | Chinese concept stocks continue to rise! Bilibili has more than doubled in the year to reach a new high, while Alibaba, jd.com, and ke holdings have all risen by over 50%.
In terms of stocks hitting record highs, bilibili rose by 10.96%, ranking first on the list, trip.com rose by 7.05%, h world group rose by 6.69%.
Port Strike Enters Day 3: Economist Warns Of 'Meaningful' Impact If Standoff Prolongs, Food & Beverages Likely First To Feel The Pinch
The ongoing strike at ports in the USA has led to a sudden increase in the risk of rising prices.
Ports along the east coast of the USA and the Gulf of Mexico have entered the third day of a dock workers' strike, causing unloading interruptions and potentially resulting in commodity shortages.
Apollo CEO warns: Aggressive rate cuts by the Federal Reserve may backfire.
Apollo's CEO is concerned that the Federal Reserve may be overstimulating the economy and has issued a warning about the current pace of government spending.