Newsfeeds Archive - Page 40 of 150

2 minute read

Stocks Recoup Post-Fed Losses As Traders Challenge Powell, Regional Banks Crack, Gold Rises: What’s Driving Markets Thursday?

February 1, 2:16 PM

Wall Street rebounds after Fed meeting with all major indices up, buoyed by earnings & dovish expectations. Probability for March cut at 41%, speculators increase bets for future cuts. Jobless claims up, manufacturing data beats expectations. S&P 500 & Nasdaq 100 gain 0.8%, regional banks suffer.

CTVA

2 minute read

Regional Banks Suffer Worst 2-Day Slump Since March 2023 Crisis As Investors Scrutinize Commercial Real Estate Risks

By Piero Cingari

February 1, 12:46 PM

Regional bank stocks are volatile due to NYCB's disappointing results and concerns about the sector's challenges, particularly in commercial real estate.

BKU

3 minute read

Manufacturing Sector Tops Estimates In January As New Orders Climb, Prices Rise: Why It’s Bad News For Inflation

By Piero Cingari

February 1, 12:04 PM

US manufacturing sector rebounded in January, with strong new orders but rising costs. Business optimism also high, but supply chain issues remain.

XLB

2 minute read

Goldman Sachs Pushes Back Fed Rate Cut Timeline After Powell’s ‘Strong Signal’

By Piero Cingari

February 1, 11:53 AM

Goldman Sachs adjusts prediction for first Fed rate cut from March to May following Powell's hawkish stance on inflation and monetary policy.

QQQ

3 minute read

Powell Chills Investors: ‘I Don’t Think Likely We Will Have A Rate Cut In March’; Stocks Sink In Response

By Piero Cingari

January 31, 3:55 PM

Federal Reserve keeps rates unchanged, signaling a pause in tightening. Rate cuts not yet appropriate until inflation moves sustainably to 2%, Powell says.

QQQ

2 minute read

Fed Keeps Interest Rates Unchanged, Drops References To Future Hikes, Dampens Hopes For Near-Term Cuts

By Piero Cingari

January 31, 3:06 PM

The Federal Reserve maintained interest rates between 5.25% and 5.5% Wednesday during its first meeting of 2024, aligning with market predictions.

BTC

2 minute read

Nasdaq, S&P 500 Slip Ahead Of Fed Meeting, Regional Banks Sink After NYCB Disappoints: What’s Driving Markets Wednesday?

By Piero Cingari

January 31, 1:45 PM

Nasdaq down 1.4%, S&P 500 down 0.9%, Dow up: Volatile day on Wall Street as tech stocks react to disappointing earnings ahead of Fed meeting.

ADP

2 minute read

‘Magnificent 7’ Tumble As $300B Vanish On Bleak AI Earnings: Could The Fed Make Things Worse?

By Piero Cingari

January 31, 1:10 PM

Tech giants lose $270 billion in market value as 'Magnificent Seven' stocks suffer from disappointing earnings reports and investor concerns over interest rate changes.

AAPL