4 Small-Cap Powerhouses That Skyrocketed in June
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| 📚 Daily Digest | Thursday, Jun 29, 2023 | | |  | | | | Central bankers, Micron, banking stress tests - what's moving markets | | |  | | © Reuters. | | A number of central bankers point to further rate hikes ahead, apart from BOJ's Ueda, while chipmakers and the banking sector will be in focus after strong results from Micron and the passing of bank stress tests, Nike 's results are also expected, along with weekly jobless claims and the final reading of first quarter GDP. | | | | | | | | | | Today's Top News | | Economy | | Fed's Powell: Most U.S. policymakers see two or more rate hikes ahead | | With U.S. inflation well above the Federal Reserve's 2% goal and a labor market that's still very tight, most of the central bank's policymakers expect they will need to raise interest rates at least twice more by year's end, Fed Chair Jerome Powell said on Thursday. | | | | | | | | | Stock Markets | | US mulls new export restriction on computing power in AI chips | | U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down on the amount of computing power the chips can have, according to two people familiar with the matter. | | | | | | | | | | | | | | | | | | | | |
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