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SK Hynix Profits Surge, Fed Decision on Deck

Traders are rotating back into tech stocks on renewed confidence that AI spending will pay off ahead of results from Microsoft Corp. and Alphabet Inc. due after the close. Attention is also turning to the Federal Reserve, which is widely expected to leave interest rates unchanged on Wednesday. Treasury yields edged higher ahead of the decision, while the dollar was little changed. SK Hynix unveiled plans to return about $45 billion more to shareholders after profit surged a stronger-than-expect…

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BloombergLean L·1h ago
SK Hynix Profits Surge, Fed Decision on Deck
Traders are rotating back into tech stocks on renewed confidence that AI spending will pay off ahead of results from Microsoft Corp. and Alphabet Inc. due after the close. Attention is also turning to the Federal Reserve, which is widely expected to leave interest rates unchanged on Wednesday. Treasury yields edged higher ahead of the decision, while the dollar was little changed. SK Hynix unveiled plans to return about $45 billion more to shareholders after profit surged a stronger-than-expect…
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SK Hynix Profits Surge, Fed Decision on Deck

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SK Hynix Profits Surge, Fed Decision on Deck

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