Broad market stocks experienced slight declines during the day, according to Alexander Morris, CEO and Chief Investment Officer of F/M Investments.
He attributed the movements mainly to profit-taking and some concerns over global politics, but noted that the changes were not significant.
Morris added that the VIX index remains low and equities generally continue to show an upward tendency.
Focus on Fed’s Next Moves
Morris also said that the U.S. Federal Reserve is expected to implement two more rate cuts this year.
He emphasised that Fed Chair Jay Powell is aiming to achieve a “perfect landing” to maintain market credibility. Morris noted that Powell’s primary objective is to keep inflation under control while restoring confidence in the Fed.
South Korea's intelligence agency believes there is a strong possibility that North Korea and the United States will hold a summit, with the meeting p...
Mexico has expressed regret over Peru’s decision to sever diplomatic relations after the Mexican government granted asylum to former Peruvian Prime ...
Brussels Airport is closed after the reported sighting of a drone, said the Belgian air traffic control service and a spokeswoman for the airport....
The U.S. is collaborating with other nations to help end the conflict in Sudan, the White House stated on Tuesday, following reports of mass killings ...
Russian President Vladimir Putin on Tuesday presented state awards to scientists and engineers behind the country’s newest strategic weapons systems...
South Korea's intelligence agency believes there is a strong possibility that North Korea and the United States will hold a summit, with the meeting potentially taking place after March, a lawmaker has said.
Mexico has expressed regret over Peru’s decision to sever diplomatic relations after the Mexican government granted asylum to former Peruvian Prime Minister Betssy Chavez.
Brussels Airport is closed after the reported sighting of a drone, said the Belgian air traffic control service and a spokeswoman for the airport.
The U.S. is collaborating with other nations to help end the conflict in Sudan, the White House stated on Tuesday, following reports of mass killings during the capture of a city by paramilitary forces last week.
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
At least 37 people have died and five are missing after devastating floods and landslides hit central Vietnam, officials said Monday, as a new typhoon threatens to worsen the disaster.
U.S. President Donald Trump said he does not believe the United States is going to war with Venezuela despite growing tensions, though he suggested President Nicolás Maduro’s time in power may be nearing its end.
Tanzania's President Samia Suluhu Hassan vowed on Monday to move on from deadly protests set off by last week's disputed election as she was sworn into office for her first elected term.
The eastern Ukrainian city of Pokrovsk has emerged as a critical point in Russia’s campaign to seize the remaining Ukrainian-held parts of Donetsk, and its fate could shape the course of the conflict in the region.
Jamaican Prime Minister Andrew Holness on Tuesday said that last week's Hurricane Melissa, the strongest-ever storm to hit its shores, caused damage to homes and key infrastructure roughly equivalent to 28% to 32% of last year's gross domestic product.
French judicial authorities announced on Tuesday that they had launched an investigation into the Chinese social media platform TikTok, focusing on the potential dangers of its algorithms pushing young people towards suicide.
Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue.
Microsoft has agreed a $9.7 billion partnership with data centre operator IREN, granting it access to Nvidia’s latest chips in a move designed to ease the computing bottleneck that has hampered the company’s ability to fully capitalise on the artificial intelligence boom.
Chinese electric carmaker BYD is making major strides in Europe, with sales surging nearly fivefold in September from a year earlier to just under 25,000 new registrations.
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