Gary Black: U.S. stocks advance ahead of Fed decision and Warsh press conference

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Hanna Syniavska

1 hour ago

Gary Black: U.S. stocks advance ahead of Fed decision and Warsh press conference — U.S. stocks rise before Fed meeting

Gary Black, managing partner and investor at The Future Fund, reports that U.S. stocks increased pre-market, with SPX up 0.2% and NDX up 0.6%. This move comes ahead of today's Federal Reserve policy decision and the first press conference by new Fed Chair Warsh.

Oil stabilized at $79 per barrel while 10-year yields dipped to 4.43%. SPCX rose pre-market by 3.4% to $209 and is positioned to overtake.

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SPCX has drawn attention in the past after its IPO opened at $150 and climbed to $164, according to Gary Black's earlier coverage. Black previously compared this performance to the META IPO in 2012. He has also highlighted market interest in custom AI chips, noting that AVGO and MRVL shares rose ahead of earnings in prior commentary.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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