04:57:50
Miami Mayor Francis Suarez will seek the Republican nomination for president in 2024, according to federal election watchdog documents.
04:55:10
Spot gold fell below $1940 an ounce, down more than $20 from its daily high.
04:52:09
Bitcoin fell below $25,000 per coin, with an intraday drop of 3.31%, hitting a new low in three months.
04:33:49
Cryptocurrencies continued to fall, with Ethereum falling more than 5% within the day, and Bitcoin approaching the $25,000 mark.
04:23:47
[Major U.S. stock indexes mixed amid suspension of interest rate hikes, Tesla ends 13-game winning streak] The Fed puts the brakes on raising interest rates, the Dow closes down about 230 points or 0.68%, the S&P 500 closes flat, and the Nasdaq closes Up 0.39%. New energy vehicles rose for three consecutive days. Li Auto (LI.O) closed up about 7%, Xiaopeng Motors (XPEV.N) closed up about 5%, and Faraday Future (FFIE.O) closed up about 5.7%. Tesla ( TSLA.O ) closed 0.74%, snapping a 13-session winning streak.
04:23:27
Fed Chairman Jerome Powell will testify before the House Financial Services Committee on June 21.
03:45:05
"New Debt King" Gundlach: Now is an excellent time to upgrade your fixed-income portfolio.
03:44:56
"New Debt King" Gundlach: Calling this a bull market is a bit far-fetched.
03:41:46
"New Debt King" Gundlach: The S&P 500 is "really overvalued."
03:40:35
"New Debt King" Gundlach: Regional banks could be at risk if the Fed tightens monetary policy further.
03:40:33
"New Debt King" Gundlach: Continued weakness in oil prices means lower inflation in the future.
03:40:30
"New Debt King" Gundlach: I think the Fed has tightened a bit too much.
03:38:35
"New Debt King" Gundlach: The Fed is moving too slowly in raising interest rates.
03:36:33
"New Debt King" Gundlach: If the unemployment rate rises to the level predicted by the Fed, the Fed will cut interest rates.
03:36:06
"New Debt King" Gundlach: Inflation may have reached a turning point.
03:35:41
"New Debt King" Gundlach: Seeing signs of weakness in the job market.
03:33:07
"New Debt King" Gundlach: After one month, the overall inflation rate in the United States will drop below 3%.
03:31:32
"New Debt King" Gundlach: I think the Fed is making the opposite mistake of a year and a half ago.
03:29:01
First Horizon Bank (FHN.N) CFO: There are fewer and fewer vacant offices in the southeastern United States.
03:28:25
"New Debt King" Gundlach: This Fed meeting is easy to predict.
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