Stocks close higher after Fed cuts interest rates
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
- Delta Air Lines (DAL) Raises Quarterly Dividend 14.7% to $0.2150; 1% Yield
- Oil rises 1% on US-Iran deal doubts; IEA warns of supply glut
Trump 2.0 is bad news for Asia, but these stocks still present opportunities
November 7, 2024 11:00 PM ESTAccording to a note from Macquarie on Thursday, the Trump 2.0 presidency could introduce new challenges for Asia, with expected tariff increases and a stronger U.S. dollar pressuring emerging market equities.
Despite the headwinds, Macquarie analysts see selective opportunities across the region, especially in sectors like IT, defense, and specific consumer markets.
Macquarie emphasizes that Trumps indicative plans to raise tariffs and cut taxes could push up inflation and reduce the pace of... More
SPDR S&P 500 ETF Trust (SPY)
November 7, 2024 2:37 PM ESTPowell: In Near Term Election Will Have no Effect on Policy Decision
... MorePowell: Overall Inflation has Moved Much Closer to Goal
November 7, 2024 2:34 PM ESTPowell: Overall Inflation has Moved Much Closer to Goal
... More