Monday , 24 February 2025
Home Forex Technology stocks led by Oracle extend gains after inflation data surprises to downside
Forex

Technology stocks led by Oracle extend gains after inflation data surprises to downside

Tech stocks surged on Wednesday as a prominent inflation report in the US led the market to increase the odds that the Federal Reserve (Fed) will cut rates in September.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

China developers are buying land at up to a 20% premium – dipping a toe back in the market

China’s state-backed developers are ramping up land acquisitions at a premium, following...

New Zealand data – January credit card spending +1.3% y/y (prior -1.3%)

NZD/USD is not being driven by data today, but by the slide...

Goldman Sachs stays bullish on China’s A-Shares and H-Shares

Goldman Sachs maintains an overweight stance on China’s A-shares and H-shares, citing...

UBS forecasts AI stock volatility but still overall strong returns

UBS predicts mid-teen returns for global AI stocks in 2025, driven by...