Dow Extends Hot Streak on Investor Rate-Cut Hopes
===============
#76cf07ec ver:0.69
US stocks extend hot streak on hopes of rate cuts, with investors optimistic about the Federal Reserve cutting interest rates this year. Solid Q1 earnings reports and weaker-than-expected April jobs data have fueled expectations of rate cuts, with futures market pricing in at least two cuts by year-end. S&P 500 companies beating profit estimates by 7% and revenue estimates by 4%. Federal Reserve officials signal steady rates in the near-term, while investors await key economic readings and earnings reports. #StockMarket #RateCuts #EarningsReports...
#newstr #UsStockMarket #FederalReserve #InterestRates #SolidEarnings #GlobalMarkets #UsJobsMarket #RateCutExpectationsInAsia
https://here.news/story/76cf07ec?ver=0.69
US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings /
npub18l…f2u2v
2024-05-08 19:04:52
Author Public Key
npub18l6qrl3ptu3kjty9rggrfv28pptwpjnkta4mg98ehk88cgznhlmqkf2u2vPublished at
2024-05-08 19:04:52Event JSON
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"content": "Dow Extends Hot Streak on Investor Rate-Cut Hopes\n===============\t\n#76cf07ec ver:0.69\n\nUS stocks extend hot streak on hopes of rate cuts, with investors optimistic about the Federal Reserve cutting interest rates this year. Solid Q1 earnings reports and weaker-than-expected April jobs data have fueled expectations of rate cuts, with futures market pricing in at least two cuts by year-end. S\u0026P 500 companies beating profit estimates by 7% and revenue estimates by 4%. Federal Reserve officials signal steady rates in the near-term, while investors await key economic readings and earnings reports. #StockMarket #RateCuts #EarningsReports...\n\n#newstr #UsStockMarket #FederalReserve #InterestRates #SolidEarnings #GlobalMarkets #UsJobsMarket #RateCutExpectationsInAsia \n\n https://here.news/story/76cf07ec?ver=0.69",
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