Investors are recalibrating expectations as a U.S. Federal Reserve leadership change looms. Once anticipating rate cuts, markets now face uncertainty due to internal Fed divisions and rising energy prices. This shift suggests a prolonged period of higher rates, impacting investments and complicating the central bank’s inflation fight.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to