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  • 📰 S&P 500 HITS INTRADAY RECORD HIGH, LAST UP 0.3%
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📰 S&P 500 HITS INTRADAY RECORD HIGH, LAST UP 0.3%

October 14, 2024
Frank

S&P 500 HITS INTRADAY RECORD HIGH, LAST UP 0.3%

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📰 DOLLAR KEEPS RISING AS FED IS EXPECTED TO CUT CAUTIOUSLY The dollar extends last week’s gains as markets expect the Fed to keep a gradual pace of interest rate cuts, broadly supporting the greenback. The ICE’s DXY gauge is up 0.3%, erasing around two months of losses. The broader WSJ Dollar Index rises 0.4%, also back to August levels. The dollar strengthens 0.5% versus the yen and 0.3% against the euro. Indicators due this week are unlikely to change the prospect that the Fed will cut by 25 basis points next month.
📰 $TSLA – TESLA SHARES UP 1.3% AFTER EVERCORE ISI HIKES PRICE TARGET

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