Powell Signaled a Downshift in Rate Hikes Jerome Powell of the Federal Reserve indicated that the Fed will raise interest rates by a half percentage point at its next meeting. This means an end to an unprecedented four-year run of 0.75-point increases aimed at preventing high inflation. Chairman Powell said the Fed needed to be …
Traders Are Pessimistic About the Upcoming Powell Speech Traders were hesitant to make large bets in advance of Jerome Powell’s speech on Wednesday, so stocks cut much of their losses. Gains in energy and financial companies tempered big tech’s decline. Amazon.com’s stock has dropped as the company sells investment-grade debt. The average volume for the …
Stocks Finish Lower in Run-Up to Powell’s Speech Read More »
Investors have had a rough ride throughout most of 2022, and Monday was no exception. As markets were impacted by Chinese social unrest over the protracted COVID limits, stock markets dropped. Demonstrations erupted over the weekend in mainland China, and people voiced their displeasure with Beijing’s zero-COVID policy. Earlier this month, Beijing adjusted some policies …
Stock Markets Close Lower Due to China’s Social Turmoil Read More »
The Stock Market’s Reaction to The Fed Outlook Resulted in A Positive Week for Stocks Investors evaluated prospects for less-aggressive central bank tightening and weighed China’s latest move to nurture its economy before the end of Friday. Markets surge. For much of Friday’s condensed trading day, the S&P 500 was undecided. Nevertheless, the index reached …
Twitter is under “investigation” by Ireland’s Data Protection Commission. The question is if it still has the appropriate personnel to ensure compliance with the European Union’s privacy legislation. The EU privacy legislation is also known as the General Data Protection Regulation or GDPR. According to a spokesman for the Irish regulator, the firm insisted last …
Federal Reserve meeting showed support for sharp interest-rate increases. This sent the US dollar down. A gauge of global stocks pushed for the highest level in more than two months. Officials are more focused on the destination of the federal-funds rate rather than the pace required to get there. They wait to see the effect …
Rising COVID Cases Abroad Worry Investors While investors are concerned about the rising COVID cases overseas, the holiday-headed economy looks gloomy, and the US stocks fell on Monday. At around 4 p.m., the S&P 500 had dropped. The Dow Jones Industrial Average declined 0.1%, while the Nasdaq Composite fell 1%. Investors anticipated that if China’s …
Hawkish Comments from Federal Reserve Officials and Economic Data Overrule Prior Optimism of Traders Investor enthusiasm for a possible moderation in interest-rate rises waned on Thursday, sending stocks down. In morning trading, the S&P 500 dropped by almost a point. Wednesday’s loss of points by the benchmark gauge was offset by stock gains last week. …
Stocks Falling with Decreased Optimism on Fed Slowdown Read More »
American Stock Market Recovers from Last Week’s Plummet Investors rushed back into global stock markets after U.S. producer prices verified an inflation deceleration and revived trust in the Federal Reserve’s ability to slow down its pace of interest rate hikes. Treasury yields dropped by ten basis points, and contracts on the tech-heavy Nasdaq 100 increased …
CPI numbers improved more than expected on Thursday, sparking a robust stock market rally that saw the S&P 500 rise almost 6% for the week. The year-over-year increase in CPI was 7.7%, which fell short of the 7.9% forecast and matched the 8.2% pace from September. Rents are also expected to rise at a …
Stock Market News – CPI Ignites a Strong Stock Rally Read More »
While this week, investors await major data amid corporate earnings and CPI print & US midterm elections show signs of a Republican tilt, the major indexes gain momentum: The S&P 500 advanced 1%. In comparison, the technology-heavy Nasdaq Composite rose 0.9%. Stocks finished rallying with losses the previous week – with a rather gloomy outlook …
On Tuesday, the majority of Asian stock markets marginally increased as investors grew cautiously hopeful about impending data that indicated a persistent decrease in U.S. inflation. After the market closed on Tuesday, Japanese equities rose as increases in the railway & bus, transportation, and retail sectors drove up stock prices. The Nikkei 225 gained 0.25% …
Apple is the definition of a company that’s too big to fail. However, to stay on top of the stock market, it’s not enough to stagnate and just hover around. Instead, you need to develop and innovate consistently to stay ahead of competitors. That’s Apple’s tactic exactly. It’s a trailblazer brand that sets the norm …
China was an exception as dismal data signaled additional pressure on the COVID-hit economy, but Asian equities rode a global rebound on Thursday, enjoying wide gains as oil prices stabilized at lower levels only seen previous to the Russian-Ukraine War. Despite an anticipated ECB rate rise and concerns about an energy crisis, futures markets indicated …
Despite Fears Over China COVID, Asian Equities Rise Read More »
On Tuesday afternoon, Asian markets mostly erased morning gains as investors maintained their caution ahead of this week’s meeting of the European Central Bank while also keeping an eye out for any consequences of Russia’s gas curtailment. Following Monday’s Labor Day holiday break, U.S. equities are expected to begin higher on Tuesday, with E-mini …
What You Need to Know Before Trading in Asian Markets Read More »
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