Newsfeeds Archive - Page 134 of 150

2 minute read

Cathie Wood’s Flagship ARK ETF Marks 5-Day Winning Streak, Outperforming Nasdaq, FAANG In May

May 11, 8:57 AM

Cathie Wood's flagship fund Ark Innovation ETF (ARCA: ARKK) marked a five-day winning streak on Wednesday for the first time since January, as a lower-than-expected U.S.

AAPL

2 minute read

US Producer Prices Rise Less Than Expected In April, Cementing Hopes Of Fed Hold In June

By Piero Cingari

May 11, 8:50 AM

The Producer Price Index (PPI) for final demand rose 0.2% month-over-month in April, rebounding after the revised 0.4% drop in March but coming in below the expected 0.3% increase, the U.S. Bureau of Labor Statistics reported Thursday.

SPY

1 minute read

Biden Condemns GOP For ‘Holding The Economy Hostage’ Amid Debt Ceiling Crisis, Says US Default Not An Option

By Piero Cingari

May 10, 3:05 PM

President Joe Biden addressed the debt ceiling crisis on Wednesday, stating that Republicans are "holding the economy hostage," by threatening a default on U.S. debt.

SPY

2 minute read

Unraveling Treasury Yield Curve: 5 Charts Depicting Haywire Shifts In The Debt-Ceiling Crisis

By Piero Cingari

May 10, 1:28 PM

The Treasury yield curve has witnessed substantial volatility in recent weeks as a result of multiple shocks, mostly related to Fed interest rate expectations, the dangers of a recession, and the consequences resulting from the debt-ceilin

BIL

2 minute read

5 Economists On April Inflation Data: CPI Number Has Experts Joining Fed Pause Bandwagon

By Piero Cingari

May 10, 11:33 AM

The latest inflation report for April released Wednesday revealed the 10th consecutive decline in the annual CPI rate, which fell from 5% to 4.9%, falling short of expectations for a 5% reading.

SPY

2 minute read

CPI Reactions: S&P 500 Eyes Bull Market, Dollar Sinks, Treasuries And Gold Climb As Markets Embrace Potential Fed Pause

By Piero Cingari

May 10, 10:01 AM

Market risk appetite soared on Wednesday, with the U.S.

ADBE

2 minute read

CPI Inflation Slows To 4.9% In April, Fueling Market Hopes Of Fed Rate Pause In June

By Piero Cingari

May 10, 8:51 AM

The Consumer Price Index (CPI) in the United States came in at 4.9% year-over-year in April, slightly below the 5% increase seen in March and the 5% forecasted by economists.

SPY

2 minute read

S&P 500, Nasdaq Dabble in Bull-Market Territory: What Are ‘The Big 5 Stocks’ Pulling The US Stock Market Out of The Woods?

By Piero Cingari

May 9, 4:57 PM

The S&P 500 index, which is tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), is up 7.8% year to date, while the Nasdaq 100, tracked by the QQQ Invesco Trust Series 1 (NASDAQ: QQQ) soared 19.9% this year, as AI growth and expectations on Fed rate peak

AAPL

2 minute read

How To Trade US CPI: The Top 5 Mega-Cap Gainers And Losers Following Last 3 Inflation Reports

By Piero Cingari

May 9, 12:42 PM

Investors are eagerly awaiting the U.S. inflation statistics for April, which will be announced on Wednesday at 08.30 a.m. ET, before the start of trading on Wall Street.

AMZN

2 minute read

Fed Chair Jerome Powell Grapples With Record Low Confidence Levels Amid Escalating Financial Worries

By Piero Cingari

May 9, 10:45 AM

American citizens' trust in Federal Reserve Chair Jerome Powell has reached an all-time low, dipping below the trust levels of any other Fed Chair in history, according Gallup survey released Tuesday. The data comes at a time when insurance costs for U.S.

GLD