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Asian stocks were poised to extend gains Friday as further evidence of moderating US inflation and a pullback in oil prices reinforced bets that the Federal Reserve will refrain from raising interest rates next month.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Reddit shares rose 11% in extended trading on Thursday on the social media company's inclusion in the S&P 500.
Reddit Inc. will join the S&P 500 next week as part of an off-cycle change, S&P Dow Jones Indices said Thursday, sending the social networking platform’s shares surging more than 10% after the bell.
By nearly every headline measure, investors have never looked more relaxed in a year not short of wild rides. But that calm may not be as reassuring as it looks.
Traders are pricing in a 63% chance that the Federal Reserve will keep interest rates unchanged next month.
Traders are pricing in a 63% chance that the Federal Reserve will keep interest rates unchanged next month.