US Stocks Drop Amid Rate Cut Setback
Some US stocks declined on Tuesday as investors grappled with comments from the Fed's Governor Christopher Waller, earnings concerns, and poor economic data.
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Some US stocks declined on Tuesday as investors grappled with comments from the Fed's Governor Christopher Waller, earnings concerns, and poor economic data.
Tuesday, January 16, opened with stock shocks across Asia, while Apple’s products are set to undergo a vital redesign.
This week, China's GDP, Japan's CPI, big bank earnings, and other major releases are expected to take place, possibly reflecting the state of the economy so far in 2024.
Major US bank earnings for Q4 are expected to be mixed as higher costs, and subdued lending may have weighed on profits despite some potentially benefiting from higher interest rates. The upcoming reports on Friday, January 12, can provide important insights into the 2024 economic outlook.
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Plus500 does not provide CFD services to residents of the United States. Visit our U.S. website at us.plus500.com.