Apple shares will rally because the company will benefit from falling component costs for its phones, according to Citi Research. The firm raised its price target to $265 from $230 for Apple shares, predicting the […]
Rising interest rates are to blame. With the Federal Reserve Bank continuing to hike the short-term fed funds rate, longer-duration investment-grade bonds with historically low yields have suffered. “The hit from interest rates has been […]
When interest rates are rising, sectors like financials and energy tend to beat the rest of the stock market, historical analysis shows. CNBC used analytics tool Kensho to determine the best-performing sectors in the S&P […]
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