Citi names 3 stock opportunities after Argentina devalued its currency by 50%
The U.S.-listed shares of two Argentine companies have run up by more than 40% since President Milei’s election, on hopes of an economic turnaround.
Is Novo Nordisk a buy? Wall Street banks weigh in — and one gives it 36% downside
For many investors, the weight loss drug boom has boosted the Danish pharmaceutical giant’s appeal this year — but one investment bank has reservations.
CNBC Daily Open: Markets soar on dovish Fed
The Federal Reserve’s meeting yesterday showed monetary policy’s still effective — and it still has an outsized impact on financial markets.
Dow continues rally, closes up 100 points after strong economic data, hopes for falling rates: Live updates
Wall Street received fresh economic data on Thursday that helped fuel hopes for a soft landing.
Here’s why bringing down inflation has been different this time, according to Jerome Powell
The Federal Reserve signaled that it will cut interest rates in 2024 even with the economy still growing, potentially achieving the so-called “soft landing.”
Smashed toys and candy store fire raises questions over Israeli military’s conduct
Videos have emerged over the past week showing troops engaging in behavior the IDF said was “inappropriate and contrary” to its values.
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
“I think we’re still going to have bonds rallying,” Gundlach said.” “We will see the 10-year Treasury yield in the low threes sometime next year.”
HSBC says S&P 500 to reach 5,000 next year, but could rally even more in a soft landing
The bank’s expected level implies a nearly 8% gain.
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.
Hedge funds are betting big against these stocks, doubting their comeback is for real
As stocks embarked on a rally six weeks ago, investors hiked their short bets on a handful of stocks in late November.
