Goldman Sachs says US CPI backs view for Fed "insurance" September rate cut

8 months ago 33

Crypto king Do Kwon pleads guilty to fraud, admitting to $40B collapse. Market sentiment shaken, traders eye contagion risks.

Goldman Sachs says US CPI backs view for Fed "insurance" September rate cut. Consensus stuff from GS. And the consensus of analysts is never wrong, is it? (/end sarcasm>

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1m ago

APOG jumps 5.3% on inflation hopes & tariff truce, but still down 39.3% YTD. Volatile stock.

INDB jumps 3.9% on rate cut hopes & trade truce; still 10.8% off highs. Low volatility stock.

Dow Transports surge 3% on strong gains, Industrials up 1.1%. Nasdaq & S&P 500 climb, SOX jumps 3%. Global markets mixed.

Associated Press Finance

8m ago

Nikkei futures surge 1010 pts on Sep contract, volume up! Traders eye 43370 high, but watch open interest drop.

Associated Press Finance

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Venture Global wins Shell LNG dispute; $1.6B penalty looms for missed contracts. Trust in LNG deals tested.

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