04/22 U.S. stocks rise on U.S.-Iran weekend negotiations expectations and good news for individual firms The U.S. stock market started higher after Trump extended the ceasefire despite the continued uncertainty between the U.S. and Iran and raised the possibility of negotiations on Friday. On top of that, memory companies rose on the basis of individual…

1) Wash emphasizes Fed independence, avoids answering interest ratesAt the Senate confirmation hearing, Fed Chairman-designate Kevin Wash reiterated his willingness to carry out independent monetary policy, but avoided giving details on the future path of interest rates. “The president has never asked for a commitment to a particular interest rate decision,” he stressed. Wash argues…

04/21 U.S. stocks fall on hawkish comments from Kevin Wash and uncertainty over U.S.-Iran deal The U.S. stock market started higher due to the influx of strong retail sales results and expectations for companies’ performance despite the uncertainties related to the U.S.-Iran negotiations. However, after Kevin Wash’s hawkish remarks, the market began to open for…

26/4/21 #TeslaNewsSummary