S&P 500 Pushes Above 5000 Mark on Economic Strength

Technology stocks including Microsoft drove the S&P 500 past another milestone and to a fresh record on Friday. 


 
Recession fears evaporate in new forecast of top economists

Fears of a recession in the first half of 2024 have melted away like the snow in most of the country this winter, according to a new forecast of top economists released Friday. 


 
Market May Be Too Optimistic on Fed Rate-Cut Outlook

The market is pricing in multiple interest-rate cuts by the Federal Reserve through 2024, but the current expectation could be overly optimistic and may drag on stocks if not realized. 


 
Analysis: PBOC Report Doesn't Signal the Heavy Rate Cuts Markets Want

A new report by China's central bank signals that aggressive rate cuts aren't around the corner, challenging hopes of a coming salve for the country's slowing economy and sold-off stock markets. 


 
Can Dividend Investing Rise From the Dead?

The once-blockbuster strategy of picking big payers has been battered by growth-focused tech titans, but the right approach could bring it back. 


 
Chinese Banks' January Loan Issuance Beat Expectations

Banks in China typically front-load lending at the start of the year after they get new loan quotas. 


 
HKEX CEO to Step Down Earlier Than Planned

Hong Kong Exchanges & Clearing Chief Executive Nicolas Aguzin will step down at the end of February, three months earlier than expected, as the international financier seeks to accelerate the leadership transition. 


 
RBA Governor Says Board Hasn't Ruled Out, or Ruled In, Another Rate Hike

"An inflation rate with a four in front of it is not good enough and still some way from the midpoint of our target," she said. 


 
Invasion of Gaza Border City Looms as Biden Calls Israel's Offensive 'Over the Top'

Washington has said it wouldn't support expanded Israeli military operations in Rafah, a refuge for more than a million displaced Palestinians. 


 
ANZ Sees RBNZ Raising Rate in February and April

The job of the Reserve Bank of New Zealand to tame inflation seems far from over, with ANZ forecasting two interest rate increases by April.


(END) Dow Jones Newswires

02-09-24 1715ET