Federal Reserve officials leaned towards reducing the benchmark interest rate in September, assuming inflation keeps declining. Minutes from the July meeting indicated likely policy easing, with Chair Jerome Powell expected to provide more details in an upcoming speech. Recent economic data presents a mixed picture, affecting trader expectations and economic sentiment.
Positive Breakout: These 5 stocks cross above their 200 DMAs
In the NSE Large Cap pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 5, according to stockedge.com’s technical