2/05/2024 – Morning Note

Key News Overnight: Federal Reserve policymakers have signaled that short-term interest rates will remain unchanged as they wait for clearer signs that inflation is nearing the U.S. central bank’s 2% goal or until there isRead more

Key News Overnight: The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port’s executive director, said in a CNBC interview on Tuesday. “It’s a precipitous dropRead more

Key News Overnight: The S&P 500 closed a choppy session nearly unchanged on Monday, weighed down by megacaps as investors awaited several catalysts including key economic data and earnings from some of the largest U.S.Read more

Key News Overnight: International Monetary Fund member countries said on Friday that rising trade tensions were sapping growth and fueling uncertainty as well as market and financial stability risks, but reaffirmed their commitment to theRead more

Key News Overnight: Wall Street stocks advanced on Wednesday on revived hopes for progress in the U.S.-China trade dispute and as President Donald Trump soothed fears the Federal Reserve could lose its autonomy with reassurancesRead more