NYSE:ASGNIT
ASGN (ASGN) Valuation in Focus After Markets Rally on Fed Policy Shift Signals
ASGN (ASGN) just caught the attention of investors after Fed Chair Jerome Powell’s remarks at the Jackson Hole symposium sent a ripple across the markets. Powell signaled that a friendlier interest rate backdrop could be on the horizon, a shift that has investors reassessing companies across sectors. The result: ASGN’s stock joined a market-wide rally, benefiting from relief that rates may not stay as high or as long as initially feared.
This latest move comes at a challenging time for ASGN...