(Bloomberg) — Gold fell — narrowing what is set to be its third straight month of gains — as investor focus turned to this week’s Federal Reserve rate-decision meeting at which policymakers are expected to strike a hawkish tone. Most Read from Bloomberg Bullion edged lower to trade around $2,320 an ounce — though it […]
Tag: Fedspeak
Stocks slide after Fedspeak as oil surges, March jobs report on deck
After successfully fending off activist investor Nelson Peltz, Disney (DIS) CEO Bob Iger says the company’s board is focused on the future — in particular, who will be the entertainment giant’s next CEO. In an interview with CNBC on Thursday, Iger said succession planning remains the most important focus area for Disney, categorizing it as […]
US stocks rise to fresh records on tech-fueled rally while investors sift through Fedspeak
Getty Images US stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq to an intraday record. Investors also parsed new Fedspeak from several central bank speakers throughout the day “I don’t want to have to raise rates again,” Atlant Fed President Raphael Bostic said. US stocks rose on Friday, […]