Tag Archives: clarity

Stocks waver as investors await Fed rate clarity

Stocks waver as investors await Fed rate clarity

U.S. stocks struggled for direction at Wednesday’s open as investors awaited clarity from Federal Reserve policymakers on their monetary tightening plans against a backdrop of downbeat economic data. The S&P 500 was just below breakeven at the start of trading after the benchmark index fell for three straight sessions. The Dow Jones Industrial Average slipped 50 points, or roughly 0.2%, while the Nasdaq Composite was flat. Peloton (PTON) shares surged as much 13% in after the company said it… Source link

Read More »

Wealth Managers Want Clarity on Bitcoin Rules: Reuters – Yahoo Finance

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

Read More »

Airtel seeks more clarity on AGR payments, Telecom News, ET Telecom

New Delhi: A top Bharti Airtel executive said the adjusted gross revenue (AGR) issue was more or less behind it, but the telecom operator still needed some clarity from the government over what was the actual amount to be paid from here on, given the Rs 18,000 crore it had already paid upfront. The telco has yet to make a decision on filing a curative petition seeking a correction in the computation of its AGR-based dues, said the executive, who spoke to ET on the condition of anonymity. “I… Source link

Read More »