Rising access to 401(k) plans has created more small accounts among young savers, say researchers.
Schlagwort-Archiv: CNBC
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
Five companies (Apple, Microsoft, Amazon, Nvidia, and Alphabet) make up about 25% of the S&P 500. Six make up about 40% of the Nasdaq-100.
Olive Garden owner Darden beats earnings estimates, hikes guidance as sales climb
Darden Restaurants, which owns Olive Garden and Longhorn Steakhouse, raised its annual earnings per share guidance.
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Bank of England leaves policy unchanged, says rates to stay high for ‚extended period‘
The Bank of England kept its main interest rate unchanged at 5.25% and said monetary policy may „need to be restrictive for an extended period of time.“
‚Bonds are back‘ as markets enter a ’new paradigm,‘ says HSBC Asset Management
Markets have entered a „new paradigm“ as the global order fragments, while heightened recession risk means „bonds are back,“ according to HSBC Asset Management.
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
„I think we’re still going to have bonds rallying,“ Gundlach said.“ „We will see the 10-year Treasury yield in the low threes sometime next year.“
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.
Adobe shares slide on weaker-than-expected forecast for 2024
Adobe’s guidance for 2024 missed analysts‘ estimates for revenue and profit.
Bank of England set to hold interest rates as economists debate 2024 cuts
The market is pricing an almost 100% chance of a hold on Thursday, but when the first rate cut will come remains a hot topic.