The Nasdaq 100 Index has nearly doubled since the start of 2023, adding $14 trillion in value in the process. Evercore ISI’s Rich Ross is prepared for that rally to continue, shrugging off fears of a familiar nemesis: rising bond yields.
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris Financial Group said.
It revealed a disconnect between the Federal Reserve’s recent monetary policy decisions and economic reality. The report showed stronger-than-anticipated job growth, causing substantial market ...
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more volatility in both traditional and digital markets.