Published on 16 Oct 2024 on Insider Monkey · via Yahoo Finance
In this article, we will look at the 8 Hot Penny Stocks To Invest In According to Hedge Funds. Let’s look at where Nuvation Bio Inc. (NUVB) stands against other hot penny stocks.
Financial markets are betting that the Federal Reserve’s half-point interest rate cut in September will be followed by slower and smaller moves due to the surge in US job growth. A Labor Department report released on Friday, October 4, shows that employers added around 254,000 jobs in September, which was much more than expected. Unemployment declined to 4.1%. Federal Reserve chair Jay Powell said that the US Central Bank would consider returning to its more usual quarter-point cut in November if economic data remained robust.