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Rate Hike Unlikely: Expect S&P 500 To Rally To New All-Time Highs https://seekingalpha.com/article/4688924-rate-hike-unlikely-expect-s-and-p-500-to-rally-to-new-all-time-highs?source=feed_all_articles May 02, 2024 - The S&P 500 has fallen recently due to inflation concerns, but the FOMC meeting provided relief as a rate hike is unlikely. Click here for a detailed analysis.
U.S. Stocks Rally Amid Easing Worries About Possible Rate Hike https://www.rttnews.com/story.aspx?Id=3444505 May 02, 2024 - Stocks fluctuated early in the session on Thursday before moving sharply higher over the course of the trading day. The major averages all showed strong moves to the upside after ending Wednesday's trading narrowly mixed. The strength that emerged on Wall Street came as traders seemed to breathe a sigh of relief following the Federal Reserve's monetary policy announcement on Wednesday.
IRS aims to more than double its audit rate for wealthiest taxpayers in strategic plan update https://www.cnbc.com/2024/05/02/irs-aims-to-more-than-double-its-audit-rate-on-wealthiest-taxpayers-.html May 02, 2024 - The IRS has released an update on its strategic operating plan, which includes more audits on the wealthiest taxpayers, large corporations and partnerships.
All You Need to Know About Berry Petroleum (BRY) Rating Upgrade to Buy https://www.zacks.com/stock/news/2267280/all-you-need-to-know-about-berry-petroleum-bry-rating-upgrade-to-buy?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2267280 May 02, 2024 - Berry Petroleum (BRY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About ADT (ADT) Rating Upgrade to Buy https://www.zacks.com/stock/news/2267282/all-you-need-to-know-about-adt-adt-rating-upgrade-to-buy?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2267282 May 02, 2024 - ADT (ADT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
IWM: Not The Economy For Underdogs (Rating Downgrade) https://seekingalpha.com/article/4688171-iwm-not-the-economy-for-underdogs-rating-downgrade?source=feed_tag_etf_portfolio_strategy May 01, 2024 - Small-cap stocks, like those in the Russell 2000 ETF IWM, have underperformed larger peers for the past decade. Read why a rebound in inflation may harm IWM's holdings.
AMD Stock Is No Longer Dead Money (Rating Upgrade) https://seekingalpha.com/article/4688140-amd-stock-is-no-longer-dead-money-rating-upgrade?source=feed May 01, 2024 - Advanced Micro Devices, Inc.'s Q1 2024 report reveals slight revenue and earnings beats, fueled by strong demand for AI GPU accelerators. Read more here.
The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what that means for your money https://www.cnbc.com/2024/05/01/federal-reserve-holds-rates-steady-what-that-means-for-your-money.html May 01, 2024 - The Federal Reserve pushed out rate-cut expectations — here's what that means for your credit card, mortgage rate, auto loan and savings account.
Fed Leaves Rates Unchanged Amid Lack Of Progress On Inflation https://www.rttnews.com/3443789/fed-leaves-rates-unchanged-amid-lack-of-progress-on-inflation.aspx?type=alleco May 01, 2024 - Citing a lack of further progress toward its 2 percent inflation objective in recent months, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged. Members of the Fed also reiterated they need "greater confidence" inflation is moving sustainably toward 2 percent before they consider cutting interest rates.
All Eyes on Fed Rate Decision: Key Stocks to Watch https://www.zacks.com/commentary/2266291/all-eyes-on-fed-rate-decision-key-stocks-to-watch?cid=CS-ZC-FT-investment_ideas-2266291 May 01, 2024 - Investors are hoping to avoid a replay of January's outcome, which saw the worst performance for the S&P 500 on a Fed day dating back to March 2023.

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