US Stock Futures Signal Shaky Finish To Strong Week: Analyst Points To Big Bullish Trend
Stock futures are pointing to a flattish open on Friday following the previous session’s strong run-up. Irrespective of…
ECB Hikes 0.25%, Pushing Rates To 22-Year Highs: Lagarde Says ‘We Have More Ground To Cover’
In an effort to combat elevated inflationary pressures, the European Central Bank (ECB) announced a 0.25% increase in…
Unemployment Claims Exceed Expectations, Yet Robust Retail Sales Indicate Resilient Consumer Demand
Investors absorbed key economic reports for the U.S. job market and consumer spending on the day after the…
Nasdaq Futures Slide As Traders Plot Moves After Fed’s Rate Skip: Analyst Says Current Scenario ‘Eerily Similar’ To Early 2007
The post-Federal Reserve meeting unwinding could be in the works, with stock futures pointing to a lower opening…
Market Volatility Falls Further After Fed Keeps Rates Unchanged
The S&P 500 closed slightly higher on Wednesday after the Federal Reserve kept interest rates unchanged.
The central bank, however, said that there could be two more rate hikes scheduled for later in the year. Traders now see a 63% chance that the Fed will increase interest rates in July.
Tesla’s Stock Streak Ends At 13 Days: Unlucky Number, Powell To Blame And A Look At Investment Returns
One of the most impressive stock market streaks of 2023 has come to an end with shares of Tesla Inc (NASDAQ: TSLA) declining in price on Wednesday (June 14).
Here's a look back at Tesla’s 13-day streak and Wednesday’s trading session.
Fed Pauses Interest Rates: A Short-Lived Break — Or The End For The Hiking Frenzy? 5 Economists React
The Federal Reserve opted to hold interest rates steady at its June FOMC meeting, as widely expected by…
Powell Keeps Hawks At Bay, Signals Fed Is Near Destination: Stocks Rebound, S&P 500 Erases Losses
In a highly anticipated press conference Wednesday, Federal Reserve Chair Jerome Powell provided insights into the central bank’s…
Powell Hits The Brakes After 10 Straight Interest Rate Increases, But Fed Signals More Hikes Coming This Year
The Federal Reserve held the fed funds rate unchanged at 5%-5.25% on Wednesday, as predicted by the market,…
FOMC Rate Decision Full Text
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htmRecent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the