The S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday, their longest winning streak so far this year. Recent data has shown a...
- U.S. stock index futures inched higher in range-bound trading on Tuesday as bets of a September interest rate cut solidified ahead of Federal Reserve Chair Jerome Powell 's speech at Jackson Hole later this week.
Traders currently see a 75.5% chance of the Fed cutting interest rates by 25 basis points in September, compared to a near even split between a 50 and 25 bps cut seen a week ago, according to the CME FedWatch Tool. " forecasts are relatively aggressive considering the state of the U.S. economy and potentially reveal analysts' expectations that Chairman Powell will be relatively dovish at the Jackson Hole Symposium," Georgolopoulos said.
Atlanta Fed chief Raphael Bostic and Fed Vice Chair for Supervision Michael Barr will speak later on Tuesday. Minutes from the Fed's last policy meeting are due on Wednesday. BURKE, Vt. — Two bouts of flooding from storms in July has hampered businesses and destinations in an economically depressed section of northern Vermont, with some still closed as they continue to repair damage and others urging visitors, who were deterred by the weather, to make the trip.BROOKLYN, Mich. — NASCAR has just two races remaining in the regular season and a pair of competitions are on the line.
The global annuity insurance market is experiencing growth due to several factors such as the rise in awareness and education about retirement planning and income strategies, along with the growing regulatory support and incentives in the insurance industry.Wilmington, Delaware, Aug.
Jackson Hole The Fed Interest Rate Chair Powell Achilleas Georgolopoulos Stock Index Futures
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