A strategist warns that a lack of budget restraint from either Biden or Trump could result in more frequent weak Treasury auctions. A significant takeaway from Thursday night’s debate between President Joe Biden and Republican challenger Donald Trump is that the U.S. is unlikely to see fiscal restraint regardless of...
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Market Response Post-Debate Markets reacted swiftly to Thursday’s debate, anticipating a higher chance of former President Donald Trump defeating President Joe Biden. Stock-index futures and the U.S. dollar rose as Vice President Kamala Harris acknowledged Biden’s “slow start.” Scaramucci’s Shift in Perspective Anthony Scaramucci, managing partner of SkyBridge and former...
As the U.S. stock market nears the end of June, Bespoke analyzed the typical first-half performance of the S&P 500. The S&P 500 index is on track to post significant gains for the first half of 2024, poised to surpass the historical average, according to Bespoke Investment Group. “The end...
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Nvidia Corp. shares surged back with impressive force on Tuesday after a three-day slide that sent them into correction territory. The stock jumped 6.8%, securing its position as the second-best performer in the S&P 500 SPX for the day. This strong rebound came after Nvidia shares (NVDA) had fallen 12.9%...
