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Drug Stocks Implode Because President Suggests Pricing Change
Traders library Drug Stocks Are Falling Because Trump’s Next Move on Pricing Could Be TroubleStocks of pharmaceutical companies are falling because investors are worried that the Trump administration’s war to rein in drug prices is just heating up—and that big pharma could be the next target. Early Thursday, the Trump administration acknowledged that it was scrapping […]
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Stock Market Continues Bullish Path | Rate Cut Likely
When the Fed cuts rates without a recession, stocks go higher 100% of the timeThe Federal Reserve deciding to cut rates can be a great thing for the stock market, or a sign of trouble ahead — depending on the timing. The first rate cut, when the economy isn’t in a recession, leads to a stock […]
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Stock Market Takes Profits Before Jerome Powell Testimony
Traders library U.S. stock futures fall as investors brace for comments from Fed Chairman PowellWhat’s driving the stock market? Investors appear less willing to hold stocks and other perceived riskier assets as they wait for two-day testimony before Congress by Fed Chairman Jerome Powell due to start Wednesday. Markets are hoping the central bank’s chief will shed […]
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