Investors Weigh Options Amid Expected US Rate Cuts
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#d044f1de ver:0.84

Investors weigh options amid expected US rate cuts as Federal Reserve Chair Jerome Powell's testimony leaves market expectations largely unchanged. Traders continue to price in a 70% probability of a rate reduction in September. Bond yields see a slight uptick while the stock market exhibits a nuanced performance. Financial sector strengthens, while consumer goods company Helen of Troy plummets. Asian stocks rise following Powell's hint at a rate cut. Wall Street traders bet on rate cuts, causing bond yields to tumble and a rotation out of tech megacaps. Looming rate cuts present a tough choice for investors: stick with Big Tech or turn to less-loved areas of the market. Powell's scheduled testimony and upcoming inflation reports and earnings releases are closely monitored. #Investing #RateCuts #StockMarket #Inflation #Earnings...

#newstr #WallStreet #RateCut #FederalReserve #JeromePowell #HongKong #Shanghai #ChineseEconomy #ThirdPlenum #StockRotation #BondYields 

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