Wall Street Rallies as Fed’s Waller Hints at September Rate Hold: Stock Market Today
Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.
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Earnings for Bullish, a digital-asset platform, are expected to cause a 9.46% move in the market. Ondas Inc. could also see an 11.14% move with their communications equipment and autonomous systems earnings report.
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Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.
U.S. stocks rose Thursday; Summit Therapeutics jumped 10.1% after Phase III results, while Snowflake and other stocks rallied.
Figure Technology Solutions announced its participation in two upcoming investor conferences: a presentation at the Goldman Sachs Communacopia + Technology Conference on September 10th and attendance at the FT Partners Fintech Conference on September 15th. The company continues to lead the blockchain-native capital marketplace space with over $30 billion in originated loans and operates multiple platforms including Figure Connect and Democratized Prime.
Nasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.