US market today | Too tight or just right? The Fed policy path is creating new divisions

Federal Reserve Governor Stephen Miran has warned that the US central bank’s current monetary policy stance threatens to slow down an economy further supported by a series of budget initiatives from the Trump administration, including tax cuts, Reuters reported.Speaking at an event hosted by the Federal Reserve Bank of Dallas, Miran argued that policymakers may […]

S&P 500 and Nasdaq end higher on Amazon-OpenAI deal; The Fed’s path forward is becoming murky

NEW YORK, Nov 3 – The S&P 500 and Nasdaq closed higher on Monday, with artificial intelligence-related deals taking much of the gains, while the Federal Reserve’s near-term monetary policy became increasingly foggy due to the scarcity of official U.S. economic data. Technology and tech-related companies helped propel the Nasdaq to its biggest gains, while […]