Stocks have been under pressure as investor sentiment has cooled down amid signs of inflation and rising infection rates across the U.S. The three major indices saw declines last week, partly due to the revelation that the Fed may begin to taper its bond-buying program sooner than...
Stocks were lower in early trading today amid concern that the Federal Reserve could initiate a taper in bond buying sooner than expected. Minutes from the July 27-28 FOMC meeting revealed that Fed officials felt their employment benchmark for reducing emergency monthly purchases “could be reached this...
Stocks have recovered from their pandemic lows at an astounding rate, and JPMorgan sees more gains ahead. “We remain bullish on stocks, particularly cyclical and value stocks, thanks to a strong earnings season, signs of receding risk from the delta variant, and normalization of bond-equity correlations,” JPM...