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The Nasdaq 100 Index surged into a new bull market Wednesday for the first time in nearly three years.
Technology stocks have outperformed this year as investors speculate that weakening economic data and the risk of a recession, heightened by recent bank stresses, may prompt the Federal Reserve to stop raising interest rates sooner than expected.
So the big question is can it last?
We also discuss the dire state of global dealmaking, why it's gold's time to shine, the rationale behind the Sergio Ermotti callback at UBS, and why the folk at Klarna are not happy!
PODCAST: Nasdaq 100 Moves Back Into A Bull Market!
Wall Street finished mixed yesterdayWednesday has been a negative day for the S&P 500 and the Nasdaq.Among all three major US indexes, only the Dow Jones has reported a...
The headwind isn’t expected to soften for the world economy in 2023. For a second year in a row, global economic activity will ease, predicts the World Bank. There’s also a bit of...
Decent bounce in the end on the FTSE100 & S&P500 yesterday with the 4265 long working well on the latter. The FTSE100 decided to go a bit lower to test the 7555 level, but having...
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