Wall Street ends mostly lower as chipmakers ease; inflation data ahead
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- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
Barclays says Big Tech strength is here to stay
March 14, 2024 8:15 AM EDTBarclays analysts believe the rally in big tech stocks is here to stay over the near to medium term. The firm said in a note Thursday that big tech is driving a high degree of concentration in US equities.
"Whether by market cap or contribution to returns, the... More
Here's why the market shrugged off the CPI beat - Wolfe Research
March 13, 2024 3:30 PM EDTOn Tuesday, February's US CPI data was released. The consumer price index increased 0.4% for the month and 3.2% from a year ago.
The data tempered expectations regarding when the Federal Reserve may begin to start cutting rates. Analysts at Wolfe Research said in a note that, in theory, another 0.4% month-on-month on core CPI "should" have been negative for markets after a strong January print. However, the market reaction was relatively... More

