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Wall Street wrapped up a winning April buoyed by better-than-expected earnings and easing of banking fears. Cooling inflation added to the strength. The Dow Jones logged its best monthly gain since January,...
April brings with it seasonal tailwinds for the equity world. Digital Assets, Sugar, Platinum, Biotech and Homebuilding were clear winners in the month.
Wall Street was moderately upbeat last week on hopes over slower interest rate hikes by the Federal Reserve.
Cryptocurrency has topped the list of winners in the first quarter of 2023 due to the bets over slower interest rate hikes by the Federal Reserve.
Wall Street took a huge beating last week following the bank stock meltdown, with the major bourses capping off the week with losses.
The Fed minutes released yesterday infused some optimism once again as almost all officials backed a slower pace of interest rate increases.
The last week was quite a news-packed week with the release of higher-than-expected inflation and retail sales data.
The technology sector had its best January in decades driven by the bets that the Fed might slow down the rate hike plan.