The U.S. Federal Reserve surprised many by making a significant interest rate cut, sparking confusion among investors. Despite this, Federal Reserve Chair Jerome Powell emphasized that the economy is still strong. Market strategist Kenny Polcari shared his investment strategy, focusing on sectors like utilities, energy, consumer staples, financials, and basic materials. He highlighted Energy Transfer…
Stocks in Pakistan hit a record high as the benchmark index crossed the 82,000 mark. This was fueled by investor optimism about a drop in inflation and potential rate cuts by the State Bank of Pakistan. The market saw a rally in heavyweight shares, with sectors like cement, banks, and refineries performing well. Investors are…
Tech investor Trent Masters continues to see promise in the tech sector, revealing four stocks he is confident in: Nvidia, Motorola Solutions, Trane Technologies, and Sherwin-Williams. He remains positive on Nvidia despite recent market movements, citing strong earnings and growth potential in AI. Masters also likes Motorola Solutions for its consistent performance and strong business…
The Asia-Pacific markets opened higher on Thursday, following gains on Wall Street driven by a tech rally. Stocks in Japan, South Korea, and Taiwan surged, especially in the semiconductor sector, after Nvidia’s CEO highlighted the future demand for AI chips. In Japan, the producer price index rose less than expected, indicating potential interest rate hikes…