Why the Fed’s latest rate hike sent stocks to the moon: Morning Brief

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Full recap of the Federal Reserve’s rate hike and Powell’s market-boosting comments

Stocks close higher on Wednesday as Powell hints Fed could slow pace of rate hikes The major averages surged as Federal Reserve Chair Jerome Powell spoke at his press conference…

HSBC strategist doubts recent market rally

U.S. shares have rallied so much in July, and a nearly 10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} obtain in the S&P 500 considering that June 16 has lead to speculation from some buyers about no…

London’s financial markets need more reform to beat rivals, adviser says

Ministers will need to continue reforming London’s money markets or chance losing ground to rival towns in the EU and US, the writer of the UK’s latest industry deregulation proposals…

‘Don’t be fooled’ by short rallies’, says strategist

Update 7/22 – The stock sector slumped on the Friday with U.S. media businesses shaving off almost $130 billion market place worth. The tech-hefty Nasdaq dropped 226 details as Snap…

Stocks under pressure, tech drops 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} amid Snap collapse

U.S. stocks dropped floor on Friday, with the tech sector snapping a three-working day winning streak with a prosper. The tech-significant Nasdaq fell 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on Friday following success from Snap…