Tag: Federal Reserve

SPAC Copley Acquisition eyes US$150 million NYSE IPO, seeks targets in tech, lifestyle sectors

MarketDecember 23, 2024

Copley Acquisition, a special purpose acquisition company (SPAC) backed by Hong Kong-based investment firms Pacific Aegis Capital Management (PACM), Gobi Partners and Hermitage Capital, plans to raise US$150 million on the...

Stock picks this week: Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%

StocksDecember 23, 2024

SynopsisAs the Nifty and Sensex make another attempt to resume their upward journey, the market seems to be getting into stock-specific mode. With market breadth in a sort of equilibrium zone, the chances are that,...

Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025

MarketDecember 18, 2024

Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would...

US stocks open flat to lower after hot economic data

StocksDecember 12, 2024

Wall Street's main indexes opened flat to lower on Thursday after the S&P 500 and the Nasdaq ended the previous session on a...

US stocks open higher after inflation data solidifies rate-cut bets

StocksDecember 11, 2024

Wall Street's main indexes opened higher on Wednesday after an in-line inflation reading kept intact bets on the Federal Reserve cutting interest rates...

US stocks open mixed, focus remains on inflation data

StocksDecember 10, 2024

Wall Street's main indexes opened mixed on Tuesday ahead of a key inflation report this week that could influence the Federal Reserve's upcoming...

Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25

MarketNovember 18, 2024

(Bloomberg) -- Gold will rally to a record next year on central-bank buying and US interest rate cuts, according...

US Futures Retreat as Post-Election Rally Stalls: Markets Wrap

MarketNovember 15, 2024

(Bloomberg) -- US futures fell after Jerome Powell signaled the Federal Reserve was in no rush to cut interest...

US stocks struggle for direction after in-line monthly producer prices

StocksNovember 14, 2024

Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected, with investors awaiting Fed Chair...