Nvidia Shares Electrify Markets Around the Globe 
 

The S&P 500, Stoxx Europe 600 and Nikkei all notched new highs.


 
As Trading Frenzies Grip Penny Stocks, Criticism of Nasdaq Grows 
 

Bit Brother, a tiny Chinese cryptocurrency company, reached nearly 30% of U.S. stock-market volume late last year.


 
China Home Prices Slide, Increasing Pressure on Beijing 
 

The country's real estate slump has dealt a major blow to confidence.


 
U.K. Consumer Confidence Ticks Down on Weaker View of Economy 
 

U.K. consumers are a little less upbeat in February, with concerns over the state of the economy growing ahead of a likely election this year, a monthly survey published Friday said.


 
"What's the Rush?" to Cut Interest Rates, Asks Fed Gov. Waller 
 

Higher-than-expected January inflation and a strong economy mean the Fed should wait to lower interest rates, Waller said.


 
Fed's Cook wants 'greater confidence' inflation is slowing before backing interest-rate cuts 
 

Federal Reserve Gov. Lisa Cook said inflation has slowed faster than expected, but central bank officials need "greater confidence" that price pressures are returning to low pre-pandemic norms before cutting interest rates.


 
Fed's Harker: Don't look for any interest-rate cuts 'right now and right away' 
 

The Federal Reserve is getting close to cutting interest rates but a move in the near-term is unlikely, said Philadelphia Fed President Patrick Harker on Thursday.


 
Fed's Jefferson says he expects rate cuts 'later this year' 
 

The No. 2 official at the Federal Reserve said Thursday that he thinks the central bank can begin to cut interest rates in 2024.


 
Wall Street is bracing for more strong U.S. economic and inflation data next week 
 

Another round of robust U.S. data is set to arrive next week, raising questions in the financial market about whether the economy can continue to avoid buckling under the weight of the highest interest rates in over two decades.


 
Glynn's Take: RBNZ Set to Send Cautionary Warning to Global Peers 
 

The Reserve Bank of New Zealand could upset the consensus that interest-rate cycles have peaked globally and cuts aren't far away.


(END) Dow Jones Newswires

02-23-24 0115ET