Apollo Micro Systems shares fell sharply on Monday amid profit booking after a strong rally of 62% in the past month and 175% over the last year. The stock remains technically bullish, trading above most key SMAs, with an RSI signalling short-term overbought conditions.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation