Fed rate hike

Ahead of the market open on Tuesday, a Fed official warned that the war against inflation is far from over. What Happened: The strong January payrolls report showed that the central bank has more work to do in its fight against inflation, said Minneapolis Fed President Neel Kashkari in an...

Ray Dalio, founder, CIO Mentor and member of the Bridgewater Board believes cash is pretty attractive now, both in relation to stocks and bonds. What Happened: The billionaire’s statement is a reversal from his earlier stance when he believed cash was trash. “We are now in a...

Tesla Inc. (NASDAQ: TSLA) and Meta Platforms Inc. (NASDAQ: META) shares have surged significantly since the beginning of 2023. While Tesla gained over 74% this year, Meta has surged over 51%. What Happened: As tech stocks continue to rally with the Federal Reserve dialing down its rate hike pace...

The index futures point to a mixed opening on Thursday, as tech earnings continue to be encouraging. Meta Platform Inc’s (NASDAQ: META) strong earnings could set the tempo for the market mood as traders wait to hear from some of its big tech peers after the close. Cues From Wednesday...

Futures trading point to a negative start by Wall Street stocks on Wednesday as traders exercise restraint ahead of the Fed decision due in the afternoon. Cues From Tuesday’s Trading: Stocks closed notably higher on Tuesday, capping off a strong January, as positive reactions to earnings...

A new working paper from the Federal Reserve argues the central bank’s recent rate hikes may be increasing wealth inequality rather than reducing it. What Happened: Federal Reserve Board Economist Daniel Ringo argued home purchases by low- and moderate-income households may be...

As Tesla Inc. (NASDAQ: TSLA) preps to release its fourth-quarter results, here are some insights into what to expect from the report and its implication for the stock that is taking fledging steps to recovery. Q4 Outlook: Analysts, on average, estimate non-GAAP earnings per share of $1.13 for...

Trading in the U.S. index futures suggests stocks may start the week on a nervous note as fourth-quarter reporting season begins in earnest.  What To Watch Today  Tech, railroad operators, payment processors, defense contractors and airlines are among the companies lined up to release...

Tech earnings begin to drop this week, with a couple of big-name chip stocks and a few semiconductor-equipment manufacturers among the early reporters from the sector. What Happened: China headwinds associated with the slowing economy and reopening portend a choppy chip earnings season ahead,...

US stocks look set to start Friday’s session on a nervous note as the recent gains introduce caution amid traders. The trading direction could also hinge on the earnings reports from big banks and the results of the University of Michigan's consumer sentiment survey. What Happened: On...

Fundstrat’s Head of Research Tom Lee, who has the most optimistic end-of-year S&P 500 forecast once again raised the specter of a strong year for the market. What Happened: The first four days of 2023 have seen a gain of 1.4% by the S&P 500 Index. This is an omen for a strong...

U.S. stocks look set to start Tuesday’s session on a nervous note as traders may prefer to wait and watch the inflation data before making their next moves. What Happened: Fed officials, who made public appearances on Monday, hinted at basing the magnitude of the next fed fund rate hike on...

The major U.S. index futures are pointing to a higher opening on Friday, as rate worries abate and the market prepares to focus on the next big catalyst. On Thursday, the major averages opened lower and moved mostly below the unchanged line before closing firmly in the red, as lingering worries...

The U.S. index futures are pointing to a lackluster start on Wall Street Thursday, as rate worries linger. On Wednesday, the major averages experienced a bout of volatility in the aftermath of the Fed decision and closed notably lower. The market showed tentativeness in the run up to the Fed...

Trading in the U.S. index futures suggests a mixed start on Wednesday, although the Fed rate decision and the signals coming out from the central bank will ultimately decide which direction the market would take. Contingent on different permutations and combinations, JP Morgan analysts expect...