Robust earnings defy fading Fed cut expectations. Amazon to report next! | MarketTalk: What’s up today? | Swissquote
Tesla jumped 15% on Monday after Elon Musk’s surprise visit to China resulted in a partnership with Baidu’s maps and navigation features that cleared the way for Tesla’s full-self driving cars in China. The S&P500 advanced 0.32% while Nasdaq 100 gained 0.36% as the US 2-year yield remained a touch below the 5% level. The Federal Reserve (Fed) starts its two-day policy meeting today and deliver its latest policy verdict tomorrow. We are preparing to hear Jerome Powell ask for more patience and for more time to abate inflation.
Happily, the earnings season is going well. The latest stats suggest...