4 min
Financial Market Preview - Thursday 23-May FactSet U.S. Daily Market Preview
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- Business News
US futures are pointing to a higher open today. European equity markets have opened mostly in the positive territory, following mixed levels in Asian markets. May FOMC minutes noted disinflation likely to take longer than previously expected and discussion about maintaining current restrictive stance for longer. Also willingness to tighten policy further, should more inflationary pressures materialize. Markets now back to pricing in 1~2 rate cuts in 2024.
Companies Mentioned: Nvidia, McEwen Mining, Timberline Resources, Moderna, Pfizer, Live Nation Entertainment
US futures are pointing to a higher open today. European equity markets have opened mostly in the positive territory, following mixed levels in Asian markets. May FOMC minutes noted disinflation likely to take longer than previously expected and discussion about maintaining current restrictive stance for longer. Also willingness to tighten policy further, should more inflationary pressures materialize. Markets now back to pricing in 1~2 rate cuts in 2024.
Companies Mentioned: Nvidia, McEwen Mining, Timberline Resources, Moderna, Pfizer, Live Nation Entertainment
4 min