Tag: Higher

Tech Bulls Return, US Futures Rise: Market Update

US equity futures and Treasuries edged higher on Friday, partially recovering from the losses experienced the previous day. This drop was triggered by expectations that the Federal Reserve’s first interest rate cut would be delayed to December. Contracts for the S&P 500 and Nasdaq 100 indexes rose about 0.3%, with premarket gains seen in Micron […]

Reasons why stocks of Rivian, Lucid, and ChargePoint surged on Monday

The trading week for electric vehicle (EV) stocks got off to an explosive start as shares of Rivian Automotive (NASDAQ: RIVN), Lucid Motors (NASDAQ: LCID), and ChargePoint Holdings (NYSE: CHPT) all moved higher on Monday. This surge in stock prices can be attributed to the Biden administration’s plan to quadruple tariffs on Chinese electric cars […]

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