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Stocks Edge Higher Before Slew of Rate Decisions: Markets Wrap

Stocks Edge Higher Before Slew of Rate Decisions: Markets Wrap

Stocks crept higher as traders prepared for a week packed with interest-rate decisions from major central banks. Tesla Inc. was poised for a record winning streak. The S&P 500 advanced further into bull-market territory amid bets on a Federal Reserve pause after 10 straight rate hikes. Tesla is on course for a 12th day of gains as its electric-car chargers become the industry standard. Cruise operator Carnival Corp. rose after an upgrade from JPMorgan Chase & Co. A busy calendar for investors kicks off with the US consumer price data on Tuesday and the Fed’s latest policy decision the next day. With the […]

The post Stocks Edge Higher Before Slew of Rate Decisions: Markets Wrap appeared first on Vladimir Ribakov.

The Weekly Bottom Line: Inflation Can’t ‘Shake it Off’

The Weekly Bottom Line: Inflation Can’t ‘Shake it Off’

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