Latest Updates Around The World
Global brokers expect corporate America to post a strong earnings season in the fourth quarter, driven by a broadening of earnings growth across sectors as the US economy remains resilient.Analysts expect earnings for S&P 500 companies to rise 8.8% year over year in the fourth quarter, according to data compiled by LSEG. Tech companies are […]
U.S. stocks fell sharply on Wednesday after Federal Reserve Chairman Jerome Powell said a rate cut in December was not a foregone conclusion. “A rate cut in December is not a foregone conclusion. On the contrary,” Powell said at a news conference shortly after the Fed announced a 25 basis point rate cut as a […]
