Fed Hike Looms, Stocks Hold Steady | Durham News
Fed’s September rate hike is basically priced in—expect a cautious, market-treading lead-up with minimal fallout. The real story? What the Fed signals about future moves. Meanwhile, Super Micro Computer soars with 90% Q4 revenue growth and crushing earnings beats, while Kennametal powers ahead with explosive sales and earnings forecasts. Solid stocks keep rolling, even as rates climb.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.heraldsun.com/news/business/article317265123.html#storylink=partnerdigest_the
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