The Fed will also announce its policy decision from its July meeting on Wednesday, with traders expecting it to raise borrowing costs by 25 basis points afterFed tightening tends to weigh on stocks because people can find better returns by parking their cash in a savings account rather than
buying shares – but investors are hoping thatWedbush tech analyst Dan Ives is expecting a great week for stocks, predicting that mega-caps will likely announce they've made big strides in developing artificial intelligence, which has emerged as a key theme for markets this year."Many will benefit in this
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market news today: Indexes rise ahead of tech earnings, Fed meetingUS stocks rise ahead of big tech earnings and the Fed's next rate move
Source: BusinessInsider - 🏆 729. / 51 Read more »