Reddit benefits from optimism on the stock market, price shoots up

AFPE A Reddit mascot sounded the gong on the American stock market today NOS Nieuws•donderdag, 22:09 Internet forum Reddit has had a good first day of trading. The platform was able to benefit from widely shared optimism: many stock market indices turned green today. The American central bank, the Fed, last night expressed positive views … Read more

Reddit Tops IPO Prices Amid Investor Enthusiasm – 2024-03-22 08:21:34

Social network Reddit announced its stock offering price had reached the top of its expected range ahead of its debut on the NY Stock Exchange.(AFP) Social network Reddit announced its stock offering price was at the top of its expected range before going public on the New York Stock Exchange, signaling enthusiasm from investors. Reddit, … Read more

Fed comments lift bonds and weaken stocks

2023-11-09 23:00:43 An attempt to pressure or change policy? As for Krishna Guha of Evercore, he considered that Powell’s “tougher tone” could be read as an attempt to pressure against further easing of financial conditions, and to limit expectations of lowering interest rates within the acceptable range, while preserving the possibility of increasing interest rates … Read more

US stocks fell with the decline of “Nvidia” ahead of the earnings report

2023-08-22 22:49:20 Jerome Powell talk On Friday, Powell is scheduled to speak at the Economic Policy Symposium at the Federal Reserve Bank of Kansas City. Investors will be looking to the highly anticipated speech for clues about the outlook for interest rates, which the Fed raised last month to a range of 5.25% to 5.5%, … Read more

Wall Street sidesteps the Fed amid the quarter-end battle

2023-06-28 21:16:09 Huge power Investment funds bought stocks last month for the first time since February, fear of missing out on the opportunity outweighing the impact of economic worries, according to Barclays strategists. These strategists, led by Emmanuel Coe, wrote: “Fear of missing out saw frustrated pessimists turn to cautious optimism. It is notable that … Read more

The Nasdaq 100 jumped about 2% ahead of the inflation report

2023-06-12 22:03:20 Equity markets maintained their bullish momentum as investors prepared for a pause in the Fed’s heaviest austerity campaign in decades. Major technology stocks led the market’s gains, with the “Nasdaq 100” index rising by 2%, and the “Standard & Poor’s 500” index surpassing the level of 4,325 points, which investors are closely following. … Read more