Stocks hold at record highs as traders bet on rate cuts
Global shares drifted around record highs on Friday after U.S. and euro zone inflation data and weak global factory surveys kept hopes of central bank rate cuts in coming months intact.
March 1, 2024
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Dollar shows resilience, euro higher ahead of CPI release
The U.S. dollar showed resilience in early European trade Friday, retaining the majority of overnight gains after the release of eagerly-anticipated U.S. inflation data, while the euro showed some strength.
Oil rises 1% as markets await OPEC+ decision
Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing fresh U.S., European and Chinese economic data.
AGM Group Holdings Announces Strategic Upgrade
AGM Group Holdings Inc. (“AGMH” or the “Company”) (AGMH) today unveiled its strategic upgrade aimed at accelerating its global expansion. Focused on advancing its Bitcoin mining and data center operations, AGM Group is diversifying its portfolio to include digital technology, cryptocurrency mining, and technology hardware research and development, manufacture, and sales.
Telsey raises Bath & Body Works shares target to $53 on strong Q4
The company’s fourth-quarter results were highlighted as a testament to the brand’s health and customer appeal. Telsey noted that the year-end earnings reflect a well-received product lineup and brand loyalty, despite the conservative fiscal year 2024 guidance provided by Bath & Body Works.