Fed rate cut rally holds, Apollo reportedly eyes Intel investment: Yahoo Finance
Markets (^DJI, ^IXIC, ^GSPC) are maintaining their upward momentum following the Federal Reserve's rate cut last week. The move comes as investors await two key events this week: remarks from Federal Reserve Chair Jerome Powell Thursday and the release of Personal Consumption Expenditures (PCE) data on Friday. Apollo Global Management is reportedly eyeing a massive investment in Intel. Bloomberg is reporting Apollo, which is the parent company of Yahoo Finance, is willing to invest as much as $5 billion in Intel. Yahoo Finance trending tickers include Summit Therapeutics (SMMT), Toyota Motor Corporation (TM), and Palantir Technologies (PLTR).
9:05 a.m. ET : Chris Watling, Longview Economics Global Economist CEO & Chief Market Strategist9:30 a.m. ET Peter Garnry, Saxo Bank Chief Global Equity Strategist10:05 a.m. ET Veronica Clark, Citi Economist10:45 a.m. ET? Mark Mahaney, Evercore ISI Managing Director & Head of Internet Research11:30 a.m. ET? Tracey Massey, NIQ COO
