CNBC Daily Open: Fed rate cut path in sharp focus
Publishing timestamp: 2024-01-29 19:48:03
Summary
The article discusses the positive performance of U.S. stocks, particularly the S&P 500 reaching a new record high. It also mentions the charges filed by the Department of Justice and Securities and Exchange Commission in a cryptocurrency fraud scheme. Additionally, it discusses Amazon's decision to terminate its planned acquisition of iRobot and the pressure on President Biden to strike Iran. The article also mentions Meta Platforms' potential strong performance during earnings week and the anticipation of the Federal Reserve's rate policy decision. It concludes by discussing the split opinions on the timing of interest rate cuts and the factors that could influence the Fed's decision.
Sentiment: MIXED
Tickers: IRBT, LMT, .IXIC, CME, NFLX, DHI, BA, CTRN, MMM, TSLA, MSFT, .DJI, GOOGL, .SPX, VZ, APX-AU, AMZN, META, AAPL, ALK, WWE,
Keywords: janet yellen, iraq, appen ltd, apple inc, china, business news, india, irobot corp, dr horton inc, iran, netflix inc, donald trump, nasdaq composite, citi trends inc, cme group inc, iphone, christine lagarde, verizon communications inc, meta platforms inc, tesla inc, microsoft corp, joe biden, earnings, boeing co, world wrestling entertainment inc, prices, dow jones industrial average, markets, beijing, s&p 500 index, lockheed martin corp, economic events, saudi arabia, taiwan, alaska air group inc, nikki haley, united states, world markets, 3m co, alphabet inc,
Source: https://www.cnbc.com/2024/01/30/cnbc-daily-open-fed-rate-cut-path-in-sharp-focus.html