US500 and US100 have soared to fresh all-time highs after the speech from Fedβs Jerome Powell. Powell announced average inflation targeting that is about to ensure that 0% rates are here to stay for a very long time. While this was expected it nevertheless drove key US indices higher once again. US500 is close to 3500 points while US100 was above 12000 points before turning slightly lower. US100 is close to the upper limit of a very steep upwards channel.
The situation on Wall Street is improving despite a negative start. The US500 is reaching new historic highs, gaining 0.3%. The US100 is gaining 0.6%,...
17:47Microsoft has announced another round of layoffs, affecting approximately 9,000 employees, nearly 4% of its global workforce. This marks the second wave...
15:32United States - EIA Data: EIA Weekly Distillates Stocks: Actual: 3.845M. forecast -1.650M; previous -4.066M; Gasoline Inventories: Actual:...
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