From Yahoo Finance · · 40s
Fed rate hike ahead
Fed hikes may boost stocks despite market volatility.
In brief
Fed hikes may boost stocks despite market volatility. Fed rate hike expected to boost stocks as market volatility rises. Originally reported by Yahoo Finance.
Fed meeting
All eyes on September FOMC meeting for rate hike.
Market reaction
Hike already baked in, no negative market impact.
Super Micro Computer
SMCI reports $11.1bn revenue, 91.4% yoy growth.
Cenovus Energy
CVE posts $2.87bn earnings, 237.2% yoy surge.
Kennametal
KMT shows 237.5% earnings growth, 20% revenue rise.
Stock advice
Hike may boost stocks despite market volatility.
The takeaway
Fed rate hike expected to boost stocks as market volatility rises.
