Federal Reserve Archives - Page 28 of 180

2 minute read

Unexpected Slowdown In Private Job Growth For January: ‘The Economy Is Heading Towards A Soft Landing’

January 31, 11:13 AM

US private sector hiring slows in Jan 2024, as wage growth decelerates. ADP report seen as precursor to govt's jobs data due Friday. Stocks down.

AMD

3 minute read

All Eyes On Fed As Markets Brace For Powell Remarks On 2024 Rate Cuts

By Piero Cingari

January 31, 10:33 AM

The Fed's first FOMC meeting of 2024 is highly anticipated, with a 47% chance of a rate cut in March and concerns about inflation and asset bubbles.

SPY

3 minute read

Nasdaq Futures Plummet As Alphabet, AMD Disappointments Sour Sentiment; Spotlight Shifts To Fed Statement, Powell’s Presser

By Shanthi Rexaline

January 31, 8:47 AM

The record run of the market faces risk as the big tech earnings season got off to a negative start, casting cloud on profit outlook.

AMD

2 minute read

Mortgage Rates Soar, Cash Buyers Score: The New Homebuying Playbook

By Neil Dennis

January 30, 4:15 PM

Rising mortgage rates in 2023 led to 28-year low in US home loan applications. Cash sales became popular as mortgage rates rose to 6.69%.

DHI

3 minute read

US Stocks Hold Steady Ahead Of Microsoft, Alphabet Earnings: Analyst Warns Of ‘Big Air Pocket’ In Pivotal Trading Week

By Shanthi Rexaline

January 30, 8:25 AM

After a record run, U.S. stocks could pause for a breather ahead of the tech earnings deluge that is expected to hit the Street this week.

AMD

2 minute read

US Stocks Rise At Week’s Start, Tesla Rebounds, SoFi, Lucid Shine: What’s Driving Markets Monday?

By Piero Cingari

January 29, 2:57 PM

Wall Street witnessed slight gains at midday on Monday, with investors eagerly awaiting a series of critical earnings reports, the Federal Reserve’s meeting on Wednesday and the much-anticipated job market report this Friday.

AAPL

4 minute read

Fed Meeting Preview: Is A March Rate Cut Likely?

By Piero Cingari

January 29, 2:57 PM

Fed likely to keep rates unchanged at 5.25-5.5% in upcoming FOMC meeting, but focus on whether aggressive rate cuts are warranted.

SPY

2 minute read

Nvidia Surge Echoes Cisco’s 1990s Run: ‘More Upside Before It Crashes… If It Crashes,’ Top Wall Street Vet Says

By Piero Cingari

January 29, 12:41 PM

Wall Street analyst Ed Yardeni compares the current Nvidia stock rally to Cisco's 1990s tech bubble: Is it sustainable?

CSCO

3 minute read

US Stocks Set For Mixed Open As Traders Await Tech Earnings Deluge, Central Bank Meeting: Analyst Says Fed Will Talk Tough For While Longer

By Shanthi Rexaline

January 29, 8:23 AM

With inflation data indicating a sustained downtrend and economic growth remaining resilient, the market looks ahead to build on its recent strength.

AAPL

3 minute read

Paul Krugman Counters Nikki Haley’s ‘Economy In Shambles’ Comment: ‘2023 Was A Miraculous Year’

By Shanthi Rexaline

January 28, 5:33 PM

The economy's resilience is underlined by recent data, but opinions are divided over the health of the economy.

SPY