Sector Review

Sector movers: Cyclicals boosted by expectations for rate cuts in US

By Alexander Bueso

Date: Thursday 07 Mar 2024

(Sharecast News) - Cyclical areas of the market such as Investment Banking and Brokerage Services or Autos and Parts led to the upside thanks to remarks from Fed chairman Jerome Powell that didn't 'rock the boat'.
In his semi-annual testimony before the lower chamber of the U.S. Congress, the head of...

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