Stocks Rally as Nasdaq 100 Posts a New Record High on Tech Earnings
View original at nasdaq.comStocks Rally as Nasdaq 100 Posts a New Record High on Tech Earnings The S&P 500 Index ($SPX) (SPY) today is up +0.39%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +1.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%…
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The economic growth outlook is highly uncertain and will depend on how long the war in the Middle East will last, how strongly it affects energy and other commodity markets, as well as global supply chains.
60% confidenceQualcomm is excited about its entry into data centers, where a leading hyperscaler custom silicon engagement is on track for initial shipments later this year.
60% confidenceThe upside risks to inflation and the downside risks to growth have intensified.
60% confidenceIncoming information suggests the conflict is weighing on economic activity, surveys point to slowing growth, and consumers and businesses have become less confident about the future.
60% confidenceUnchanged interest rates are a reasonable place to be.
60% confidencePowell will continue to serve as Fed Governor for a period of time to be determined after his chair term ends.
60% confidence
Data points we hold from this source
| Federal Reserve · fomc rate cut probability next meeting | 3 percent |