Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to plunge as stocks’ post-Fed rate hike rally vanishes The screen displays the Fed rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in … Read more
The Marriner S. Eccles Federal Reserve Board Building in Washington, DC Facebook Facebook logo Sign up for Facebook to connect with Sarah Silbiger Reuters While the market moves are positive for investors, they are still dealing with a complicated backdrop that’s likely to continue to whiplash asset prices going forward. Earlier in the week, the … Read more
Until inflation peaks and the Federal Reserve stops hiking rates, market forecaster Jim Bianco warns Wall Street is a one-way trip to misery. “The Fed only has one tool to bring in inflation and that is they have to slow demand,” the Bianco Research president told CNBC’s “Fast Money” on Tuesday. “We may not like … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall with the 10-year Treasury yield above 3% Trader on the floor of the NYSE, June 7, 2022. Source: NYSE US stock futures fell Wednesday after back-to-back gains on Wall Street. Adding pressure, the benchmark … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to gave back some of Monday’s snapback rally The screen displays the Fed rate announcement as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New York … Read more
The relentless sell-off in stocks started marking some grim milestones this past week. The S&P 500 briefly dipped on Friday into the bear market territory, trading more than 20% below its January intraday record. There’s no official definition for a bear market, so investors will debate whether we are in one officially now or not. … Read more
New worries about the consumer and economy snuffed out the market’s spring rally and sent stocks on a course back towards recent lows – or even lower. Target was the l atest to deliver bad news with an earnings miss Wednesday, following Walmart’s disappointing earnings Tuesday. Target plunged nearly 25%; Walmart lost another 6.8% and … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures turn lower after consumer prices remain at four decade highs Traders on the floor of the NYSE, May 10, 2022. Source: NYSE US stock futures turned lower Wednesday after the first of two key April inflation … Read more
It could be very difficult for Powell and the Fed to tame inflation without causing an economic slowdown. Photo illustration by Barron’s staff; (reference) Dreamstime (5) Text size Like Winnie the Pooh in the Hundred Acre Wood, investors have lived with the naive worldview that everything will be all right. That kind of thinking can … Read more