CNBC Daily Open: Fed signals one rate cut
Publishing timestamp: 2024-06-12 21:01:52
Summary
The Federal Reserve signaled only one rate cut this year, S&P 500 closed at a record high, Apple reclaimed its position as the most valuable company, GameStop shares plunged, EU to impose higher tariffs on Chinese EV imports, Goldman Sachs optimistic about select stocks, Elon Musk facing lawsuits related to Tesla's compensation package.
Sentiment: MIXED
Keywords: interest rates, markets, stock indices and averages, breaking news: markets, artificial intelligence, breaking news: technology, federal reserve system, economic outlook, dow jones industrial average, gamestop corp, economic policy, business news, world markets, united states, commercial banking, technology,
Source: https://www.cnbc.com/2024/06/13/cnbc-daily-open-fed-signals-one-rate-cut.html