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Major Wall Street brokerages have delayed their expectations for U.S. Federal Reserve rate cuts as high energy prices and a strong labour market keep inflation concerns elevated. BofA now expects no rate cuts in 2026, forecasting easing only in mid-2027, while Goldman Sachs has pushed its expected start of rate cuts from September to December 2026.
US stock futures rose as Wall Street awaited April’s inflation report, which is expected to provide clues about how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.
The Middle Eastern stock markets have been experiencing a retreat, particularly in the Gulf region, as ongoing deadlocked U.S.-Iran talks and geopolitical tensions continue to weigh on investor sentiment. Amid this backdrop of uncertainty, dividend stocks can offer a measure of stability and income potential for investors seeking resilience in their portfolios.
Samsung shares slip amid labor strike talks
Crude prices jump as Trump says Iran ceasefire “on life support.”
AI rally pauses as Middle East ceasefire goes on ’life support’
Asia stocks mixed as chip rally cools, Iran tensions persist
Economists polled by Dow Jones are calling for headline inflation to have gained 3.7% from a year earlier.
Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
Robinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.
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