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Stock impact report

Bioceres Crop Solutions Corp. (BIOX): Hedge Funds Are Bearish On This Affordable Stock Under $40 [Yahoo! Finance]

Bioceres Crop Solutions Corp. - Ordinary Shares (BIOX) 
Company Research Source: Yahoo! Finance
How's the Market Performing after Fed Rate Cuts are Finally Here The stock market has been anxiously waiting for the interest rate cut news. Analysts had been debating whether the Federal Reserve would make a 25-point or 50-point cut. The wait was finally over with good news for the market. On September 18, the Federal Reserve Open Market Committee decided to cut the borrowing rates by the higher end of the expectation, which was 50 basis points. The rate cut indicated that inflation is moderating and that the labor market has weakened. This marked the first rate cut since the COVID-19 pandemic. The decision was not unanimous as Fed Governor Michelle Bowman wanted a quarter-point cut. Moreover, the chairman Jerome Powell called the cuts to be a “recalibration”. One thing that the committee was confident about is the fact that inflation is moving sustainably towards the 2% mark. Right after the decision the Dow Jones index jumped 375 points and then eased a little as the marke Show less Read more
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