A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks surging and Treasury yields falling.
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CNBC Daily Open: Expectations of Jerome’s rate cuts weren’t built in a day
World
CNBC Daily Open: Once again, bad data is good news for markets
After shaking off some of the weakness at the start of the month, markets seemed to be ready to board Santa’s sleigh, and rode into a second straight day of gains this week. Wednesday’s rally was on the back of surprisingly weak private jobs data, with payrolls processing firm ADP’s November report showing 32,000 job […]
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Asia markets set to open mixed after Wall Street gains on cooler-than-expected jobs data and rate-cut hopes
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets were set to open mixed Thursday, after Wall Street gained on the latest jobs data from ADP, which strengthened investors’ conviction that the Federal Reserve will cut interest rates next week. Payroll processor ADP reported that private companies […]
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Design executive behind ‘Liquid Glass’ is leaving Apple
File: Then Apple Creative Director Alan Dye celebrates the launch of the July Issue at the new WIRED office on June 24, 2015 in San Francisco, California. Kimberly White | Getty Images Apple‘s head of user interface design, Alan Dye, will join Meta, in a notable shift of executive talent in Silicon Valley. The iPhone […]
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