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Month: July 2024
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
[#item_full_content]Rising expectations for a September rate cut following the latest inflation data bolstered demand for bullion.
Traders see the odds of a Fed rate cut by September at 100%
[#item_full_content]The probabilities are based on trading in CME fed funds futures contracts.
Morgan Stanley tops estimates on stronger-than-expected trading and investment banking
[#item_full_content]Morgan Stanley benefited from its Wall Street-centric business model in the quarter, as a rebound in…
Small caps are the hottest trade going in the stock market right now and they’re surging again Tuesday
[#item_full_content]Small-cap stocks are on a tear right now as they took the baton from megacap technology…