Stocks close higher after Fed cuts interest rates
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- Wall Street rallies, Dow closes at record on Iran talks optimism
- Fed's Williams says rate hikes possible if inflation persists
- Citi says buy these 3 chip stocks on pullback
- Microsoft joins, Broadcom exits Goldman's top-stocks list
- Deutsche Bank raises S&P 500 earnings estimates on the back of the solid Q2 beats
- After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR
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Trump 2.0 is bad news for Asia, but these stocks still present opportunities
November 7, 2024 11:00 PM ESTAccording to a note from Macquarie on Thursday, the Trump 2.0 presidency could introduce new challenges for Asia, with expected tariff increases and a stronger U.S. dollar pressuring emerging market equities.
Despite the headwinds, Macquarie analysts see selective opportunities across the region, especially in sectors like IT, defense, and specific consumer markets.
Macquarie emphasizes that Trumps indicative plans to raise tariffs and cut taxes could push up inflation and reduce the pace of... More
SPDR S&P 500 ETF Trust (SPY)
November 7, 2024 2:37 PM ESTPowell: In Near Term Election Will Have no Effect on Policy Decision
... MorePowell: Overall Inflation has Moved Much Closer to Goal
November 7, 2024 2:34 PM ESTPowell: Overall Inflation has Moved Much Closer to Goal
... More