A hawkish hold?
Show notes
The Fed is expected to hold rates steady, but investors will be watching closely for signs of more hikes to come. AI stocks find their footing again as strong results from SK Hynix lift sentiment ahead of earnings from Microsoft and Alphabet. And oil prices climb on reports the US could resume strikes on Iran after next week's midterm elections.
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Today's recommended read: ECB can cool rate bets, but may not want to yet by Mike Dolan
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