US Stocks Headed For Another Tough Day Amid Mixed Earnings, Rate Worries — Tesla Extends Losses, Snap Drags Social Media Stocks Lower
U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.
Larry Summers Calls Terminal Rate Crossing 5% ‘A Milestone:’ What He Says About Potential Of Further Rise
Former Treasury Secretary Lawrence H.
Nasdaq, S&P 500 Futures Slip As Mixed Earnings Report, Economic Worries Keep Sentiment Subdued — Tesla, Nokia Plunge Premarket
The major U.S. index futures are pointing to a mixed open on Thursday, as traders pause following a two-session rally early in the week. Mixed earnings could temper the market mood even as recession fears intensify
Fed Expects Inflation To Moderate — And Has This To Say On Economic Activity
The U.S. Federal Reserve stated in its Beige Book that it expects price increases to generally moderate, just two weeks before the central bank is scheduled to hold its monetary policy meeting and likely hike interest rates by 75 basis points.
Cathie Wood Picks Apart Fed’s Hawkish Policy Again: ‘Elon Musk, Jeff Gundlach Echoed Our Concerns About Deflation Risk’
Cathie Wood, the founder of ARK Investment Management, reiterated her belief that the U.S. Federal Reserve is making unanimous decisions based on laggi
Fed Beige Book Reports Outlooks Grew More Pessimistic Amidst Growing Concerns About Weakening Demand; Price Growth Remained Elevated, Though Some Easing Was Noted Across Several Districts
https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20221019.pdfhttps://www.federalreserve.gov/monetarypolicy/file
US Stocks Could Continue Momentum 3rd Day Straight As Earnings Drive Nasdaq, S&P 500 Futures Higher — Netflix, Tesla, Chip-Equipment Stocks In Focus
The U.S. index futures point to a higher opening by stocks on Wednesday following the strong runup seen in the previous two sessions.