Investors Eye Opportunities Amid Rate Hike Uncertainty; LGBTQ Group Exits Twitter Over Content Concerns
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Cash is king right now, but some investors see opportunities in beaten-down areas like dividend stocks, utilities and small caps.
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Yields jumped Thursday after Fed Chair Jerome Powell said policy may need more tightening, but are still far below October highs.
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Investors are bullish on a December pause in rate hikes, but Powell said more tightening is possible if needed.
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The Trevor Project, an LGBTQ+ youth suicide prevention group, left X over concerns about increasing hate and lack of moderation.
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X owner Elon Musk has emphasized "free speech" over content moderation, even as hate speech rises.