US Stocks Set to Rebound as Oil Slips, AI Bubble Fears Recede
US stock futures rise, poised to end a two-day losing streak, as oil prices fall and the latest updates on artificial-intelligence spending helped ease investor concerns.
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US stock futures rise, poised to end a two-day losing streak, as oil prices fall and the latest updates on artificial-intelligence spending helped ease investor concerns.
US stocks slipped from a record as the 10-year yield held near 5.3% and oil stayed near US$100, while Fed minutes still point to one more rate hike. The post US Stocks Slip 0.2% as 10-Year Yield Holds 5.3% | Global Economy, Oct 8 appeared first on The Rio Times.
The trading desk at JPMorgan Chase & Co. flipped its view on US equities to bullish from tactically neutral, saying economic data and earnings will underpin a persistent market boom.
Citadel Securitiesโ Scott Rubner is growing โincreasingly constructive on what comes nextโ as US equities head into the final quarter of the year.