by OverviewFX | Jul 17, 2024 | Stocks
Federal Reserve Gov. Christopher Waller said the central bank is “getting closer to the time when a cut” in interest rates is warranted, but he still wants more evidence that inflation is slowing before he’s ready to move.
by OverviewFX | Jul 17, 2024 | Stocks
The U.S. stock market’s breadth is improving, a positive sign for the momentum of the rally so far this year, according to BofA Global Research.
by OverviewFX | Jul 17, 2024 | Stocks
Upbeat sentiment toward bank stocks continued Wednesday as U.S. Bancorp and Citizens Financial Group both rose on mostly positive quarterly results.
by OverviewFX | Jul 17, 2024 | Stocks
Intel and GlobalFoundries could benefit from potential semiconductor-industry restrictions on China and Taiwan.
by OverviewFX | Jul 17, 2024 | Stocks
An inverted Treasury yield curve is supposedly a harbinger of recession. Does this mean that, when the curve un-inverts, it is tantamount to the market sending the all-clear signal?
by OverviewFX | Jul 17, 2024 | Stocks
The rally for small-cap stocks over the past week is a historical and statistical outlier that marks a ‘dramatic’ shift in investor sentiment, says a widely followed Wall Street analyst.