Where Are Markets Today? US and European equity futures are opening the day in the green, echoing tentative optimism following the first interest-rate cut of the year by the Federal Reserve. The Fed cut its benchmark by 25 basis points to 4.00%–4.25%, describing the move as a "risk-management cut" to counteract declining labour market indicators...
Stock Futures Rise Despite Weak Economic Data and Fed Policy Shift
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Naeem Aslam
Naeem Aslam is a former hedge fund trader with over 15 years of trading expereince. He has worked for Bank of New York Mellon and Bank of America. He also writes investment columns for Nasdaq and delivers guest lectures at various universities such as the London School of Economics (LSE).
He regularly appears on tier-one media channels such as CNBC, Bloomberg, Fox Business and others.