Economics Archives - Page 23 of 276

2 minute read

S&P 500, Nasdaq 100 Snap 5-Month Winning Streak In April As Inflation Reality Check Hits Bullish Sentiment

April 30, 4:38 PM

US stock market breaks 5-month winning streak due to inflation fears. Q1 earnings positive, but CPI and PCE reports show higher than expected inflation.

DIA

2 minute read

Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What’s Driving Markets Tuesday?

By Piero Cingari

April 30, 1:35 PM

Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.

ACGL

2 minute read

US Home Prices Rocket In February For Strongest One-Month Increase In 2 Years: Real Estate Stocks React

By Piero Cingari

April 30, 12:36 PM

Home prices defied high mortgage costs and surpassed expectations with a 1.2% month-over-month growth, the largest increase since Apr 2022.

BRX

4 minute read

Is Hawkish Shift On Inflation Imminent? Wall Street Analysts, Traders Brace For Fed Impact

By Piero Cingari

April 30, 11:51 AM

Investors are on edge as the Fed meets after higher-than-expected inflation readings. Analysts expect cautious approach and possible rate cuts.

SPY

3 minute read

Wall Street On Edge Ahead Of Fed Decision, Spotlight Falls On Amazon And AMD Earnings: Analyst Says Stocks Survive ‘Fragility Test’ As April Ends

By Shanthi Rexaline

April 30, 6:57 AM

U.S. stocks appear to be on the back foot early on Tuesday, with index futures trading modestly lower in early pre-market activity.

ADM

2 minute read

US Treasury To Borrow $243B More This Spring: Dollar Climbs, Stocks Trim Gains

By Piero Cingari

April 29, 5:00 PM

U.S. Treasury expects to borrow $243 billion in Q2 2023, $41 billion more than previous estimate. Market reactions include rise in yields and dollar.

SPY

3 minute read

Japan Intervenes To Support Struggling Yen: Why Did It Trigger Nikkei 225 Dip? 4 Charts To Watch

By Piero Cingari

April 29, 11:41 AM

The Bank of Japan intervened to boost the weakening yen, causing it to recover 3% before falling to 156.80. This negatively impacted Japanese equities.

EWJ

4 minute read

US Stocks Set To Approach New Week With Caution Ahead Of Fed Meeting, Tech Earnings: Analyst Says ‘Buy The Dip’ Contingent On This Condition

By Shanthi Rexaline

April 29, 6:54 AM

U.S. stocks are looking to build on past week’s gains, with the mood remaining cautiously optimistic. The major index futures were modestly higher in early trading.

AMC

2 minute read

Strong Quarterly Earnings Fuel Market Optimism Despite Inflation Concerns, Slowing Economic Growth: This Week In The Market

By Piero Cingari

April 26, 4:28 PM

Tech stocks, as tracked by the Invesco QQQ Trust, experienced their best week in 2024. Energy stocks, this year's best performers, faltered.

CVX

2 minute read

Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What’s Driving Markets Friday?

By Piero Cingari

April 26, 1:45 PM

Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had

ABBV