After Thursday's record session, all three major stock indexes are poised to end the week higher.
A trader wears a t-shirt with Reddit's logo, at the New York Stock Exchange in New York City, U.S., March 21, 2024.shares rose 13%. The shipping company posted adjusted earnings that beat analysts' estimates in its latest quarter, but it missed on revenue.
One reason for this market optimism might stem from the policymaking Federal Open Market Committee's expectation for three rate cuts this year even after a couple of hot inflation reports, according to Art Hogan, chief market strategist at B. Riley Wealth.
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