tzongocu on Nostr: š° News Alert: š Title: S&P 500 ends down as hot US inflation data hints at ...
š° News Alert:
š Title: S&P 500 ends down as hot US inflation data hints at fewer rate cuts
šļø Published: Thu, 13 Feb 2025 07:25:19 +0530
š Summary: 1. The S&P 500 declined due to concerns over the Federal Reserve's interest rate policy following a higher-than-expected inflation reading.
2. CVS Health and Gilead Sciences saw stock increases after positive quarterly reports, while Nvidia and Amazon faced declines. Treasury yields rose post the inflation data.
3. Fed Chair Jerome Powell emphasized a cautious approach to further rate cuts, indicating a potential impact on market sentiment and future monetary policy decisions.
š https://economictimes.indiatimes.com/markets/stocks/news/sp-500-ends-down-as-hot-us-inflation-data-hints-at-fewer-rate-cuts/articleshow/118197207.cms
šļø Source: Economic Times
#bitcoin #crypto #news
š Title: S&P 500 ends down as hot US inflation data hints at fewer rate cuts
šļø Published: Thu, 13 Feb 2025 07:25:19 +0530
š Summary: 1. The S&P 500 declined due to concerns over the Federal Reserve's interest rate policy following a higher-than-expected inflation reading.
2. CVS Health and Gilead Sciences saw stock increases after positive quarterly reports, while Nvidia and Amazon faced declines. Treasury yields rose post the inflation data.
3. Fed Chair Jerome Powell emphasized a cautious approach to further rate cuts, indicating a potential impact on market sentiment and future monetary policy decisions.
š https://economictimes.indiatimes.com/markets/stocks/news/sp-500-ends-down-as-hot-us-inflation-data-hints-at-fewer-rate-cuts/articleshow/118197207.cms
šļø Source: Economic Times
#bitcoin #crypto #news