Macro Economic Events Archives - Page 19 of 129

2 minute read

Small Caps Rally, Magnificent 7 Ease, Gold Eyes $2,200, Bitcoin Falls Below $69,000: What’s Driving Markets Wednesday?

March 27, 1:51 PM

Wall Street witnessed a mixed session on Wednesday morning trading, with tech giants seeing slight declines while blue chips and small caps recording gains.

BRZE

2 minute read

Investors On Edge With Consumer Inflation Data Due Friday, Rate Cut Hopes Hang In The Balance

By Piero Cingari

March 27, 12:08 PM

Investors await February's PCE inflation data, key for Fed's rate cut expectations. Economists predict slight increase in annual and monthly PCE and steady core PCE inflation. Market reactions could vary depending on report's outcome.

QQQ

3 minute read

‘GOP Senators Tell DEA To Reject Marijuana Rescheduling, Arguing It Would Violate International Treaties’ – Marijuana Moment

By Benzinga Newsdesk

March 27, 11:44 AM

https://www.marijuanamoment.net/gop-senators-tell-dea-to-reject-marijuana-rescheduling-arguing-it-would-violate-international-treaties/#:~:text=Three%20Republican%20senators%20are%20urging,other%20countries%20continue%20

ACB

2 minute read

Manufacturing Rebound Puts Markets Between ‘Goldilocks’ And ‘Reflation Flirtation’: Goldman Sachs

By Piero Cingari

March 27, 10:07 AM

Goldman Sachs predicts a favorable juncture for risky assets as global manufacturing activity aligns with service sector growth, bolstering investor confidence.

MAGS

4 minute read

“Biden Administration Pursuing Tiktok Over Data Practices; A Privacy Case Against TikTok Would Add Fuel To The Bipartisan Chorus Of Criticism Directed At The Company Over Its Ties To China” – Politico

By Benzinga Newsdesk

March 26, 4:32 PM

https://www.politico.com/news/2024/03/26/biden-administration-tiktok-data-practices-00149139The Federal Trade Commission has been investigating TikTok over allegedly faulty privacy and data security practices, and could

AMZN

2 minute read

Wednesday Watch: Awaiting Fed Minutes And Nvidia’s Earnings For Market Direction

By Piero Cingari

February 20, 5:19 PM

Investors' focus on Fed minutes & Nvidia's earnings. Fed maintains rates & positive economy, while Nvidia's EPS & revenue expected to surge.

AAPL

2 minute read

Chinese Stocks Decline Despite Aggressive Banking Move To Revitalize Troubled Property Sector

By Piero Cingari

February 20, 2:29 PM

Chinese stocks drop despite interest rate cut, as market remains pessimistic amid broader tech downturn and uncertain Fed policies.

BABA

3 minute read

IPO Revival In 2024: Plaid, Chime, And Kim Kardashian’s Skims Among Potential Market Movers

By Neil Dennis

February 20, 11:51 AM

Market for IPOs expected to rebound in 2024 after inflation & interest rate rise hit new listings in 2022-23. 2023 saw 50% decrease in IPOs globally.

ARM

2 minute read

Bitcoin Hits $1-Trillion Value, Nvidia Outweighs Google And Amazon, Hot Inflation Pauses Stock Gains: This Week In The Markets

By Piero Cingari

February 16, 5:29 PM

Bitcoin (CRYPTO: BTC) surged past $50,000 this week, catapulting to a $1-trillion market valuation just a month after the Securities and Exchange Commission granted approval for the first spot Bitcoin exchange-traded fund.

AAPL

1 minute read

S&P 500, Nasdaq 100 Snap 5-Week Streak As Hot Inflation Prints Dent Tech Stocks

By Piero Cingari

February 16, 5:19 PM

S&P 500 and Nasdaq 100 ended 5-week winning streak due to higher than expected inflation reports, raising concerns about Fed rate cuts. Treasury yields rose, impacting markets negatively. Tech, consumer discretionary, and real estate sectors were affected. Major indices and ETFs saw mixed performance this week, with energy and materials sectors performing the best while technology sector saw a decline.

XLB