Markets Rise Midday, Adding to Gains After Fed Chair Powell's Rate Hike Comments

U.S. equities rise following comments from Fed Chair Jerome Powell, with 3M and Boston Scientific leading the gains, while Generac Holdings and Micron Technology also see positive movement; Royal Caribbean Group and CrowdStrike Holdings experience declines.

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9/4/2023

Markets rise as US jobs data ease rate pressure on Fed

Equities rose on Monday as market participants speculated that the Federal Reserve may be nearing the end of its interest rate hike cycle, following a positive US jobs report and signs of a softening labor market. Additionally, investors were hopeful that China would implement measures to stimulate its economy and property sector.

9/21/2023

Stocks Sink as Fed Signals Higher Rates, Jobless Claims Drop; Homebuilders, Cisco Fall While FedEx Jumps

U.S. equities fall after the Fed hints at higher interest rates, while homebuilder and Cisco shares decline, and FedEx shares soar.