Fed Suggests 2 More Hikes, Mega Cap Tech Earnings Are Mixed

A recent article at the WSJ is suggesting that there will be at least two more rate hikes this year, including the one expected later today. The writer of this article has a reputation for being the Fed's Mouthpiece in the financial press during blackout periods suggesting that this message is coming from Jerome Powell himself. Meanwhile MegaCap tech earnings yesterday were mixed with lackluster growth figures from Microsoft being partially offset by a big beat from Google parent Alphabet.

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