Wednesday, April 10, 2024

Jefferies says US stocks can rally even if Fed doesn’t cut rates

US equities are likely to continue their uptrend based on good economic news, which Zervos, the bank’s chief market strategist, expects to swamp discussions about keeping rates higher for longer.

from Economic Times https://ift.tt/1MlIZwW

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...