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Major indexes closed higher yesterday after Fed Governor Christopher Waller suggested no interest rate hike. The Nasdaq and S&P 500 hit new records ahead of Nvidia’s earnings. Oil dropped nearly 1% as the Biden administration plans to release 1 million barrels of gasoline. McDonald’s franchise owners raised concerns over the upcoming $5 value meal. FDIC head Martin Gruenberg will step down following an investigation into misconduct. Red Lobster filed for bankruptcy with plans to sell parts of the business. Ethereum's price jumped 22% as Bloomberg raised the approval odds for ethereum ETFs.
Bulletin brief:
Stocks end slightly higher after comments from the Fed (Reuters)
Christopher Waller’s CNBC appearance (CNBC)
Biden set to release 1 billion barrels of oil (CNBC)
McDonald’s advocacy group advises against $5 value meal (CNBC)
FDIC chair set to resign following independent investigation (CNN)
Red Lobster's bad shrimp business (Reuters) (CNN)
Ethereum ETF odds boost (theblock) (etf)
By Current2Major indexes closed higher yesterday after Fed Governor Christopher Waller suggested no interest rate hike. The Nasdaq and S&P 500 hit new records ahead of Nvidia’s earnings. Oil dropped nearly 1% as the Biden administration plans to release 1 million barrels of gasoline. McDonald’s franchise owners raised concerns over the upcoming $5 value meal. FDIC head Martin Gruenberg will step down following an investigation into misconduct. Red Lobster filed for bankruptcy with plans to sell parts of the business. Ethereum's price jumped 22% as Bloomberg raised the approval odds for ethereum ETFs.
Bulletin brief:
Stocks end slightly higher after comments from the Fed (Reuters)
Christopher Waller’s CNBC appearance (CNBC)
Biden set to release 1 billion barrels of oil (CNBC)
McDonald’s advocacy group advises against $5 value meal (CNBC)
FDIC chair set to resign following independent investigation (CNN)
Red Lobster's bad shrimp business (Reuters) (CNN)
Ethereum ETF odds boost (theblock) (etf)