Tag Archives: us stocks

Wall Street fell on Thursday after unexpectedly strong inflation data and a drop in weekly jobless claims added to fears that the Federal Reserve will keep raising interest rates to tame high prices. Decline in jobless claims, showed the economy is holding up amid the Federal Reserve’s rate hikes. The …

Wall Street’s main stock indexes fell on Wednesday after stronger-than-expected retail sales data offered more evidence of resilience in the U.S. economy, fueling worries that the U.S. Federal Reserve could stick to its rate-hike campaign.Retail sales surged 3% in January, driven by purchases of motor vehicles and other goods. Economists …

The US dollar extended its February rally throughout the first half of the day, but turned negative during the US trading session to end the day mixed, as Fed’s Jerome Powell participated in a moderated discussion at the Economic Club, Washington DC.Key DevelopmentsIn his first State of the Union address …

Fed Chair Jerome Powell tends to stick to the scenario of ‘ongoing rate increases will be appropriate’ as inflation is still as twice as big as the US 2% target. The next CPI report might not have so much love for Wall Street, despite its release on Valentine Day Tuesday …

Of particular interest to stock investors, today is what Federal Reserve Chairman Jerome Powell has to say at an event organized by The Economic Club of Washington DC. But, most importantly, they want to know his thoughts on the latest Labor Department report, which showed US payrolls grew by more …

Investors and traders will be all ears as Fed Chair Jerome Powell delivers his speech on Tuesday. Bond yields continued to surge on Monday as traders assess the possibility that the Fed will postpone any talk about rate cuts until later in the year after Friday’s very strong jobs report.Markets …

Strong January as well as latest gains in the stocks market are driven by hope that the US interest rate hiking cycle is close to its end and that a pause is on the cards. If investors’ expectations are eventually found mistaken about this hope, a drop could be very …

After seven consecutive increases in 2022, traders and investors expect the Fed to raise rates by 25 basis points on Wednesday, with increases of 50 basis points by the European Central Bank and the Bank of England on Thursday.If markets are expecting a 25 basis point hike and eventually a …

US stocks fell on Wednesday after the latest corporate earnings that fueled existing concerns that some of the most outstanding US companies are struggling amid successive rate hikes and recession concerns.The Dow Jones Industrial Average snapped three days of gains, last down 80 points, or 0.24%. The Nasdaq Composite retreated …

US stocks tended to fight for direction on Tuesday, but the Dow Jones Industrial Average finished higher. The index gained 104.40 points, or 0.31%, to close at 33,733.96. The S&P 500 dipped 0.07% to settle at 4,016.95, while the Nasdaq Composite dropped 0.27% to end at 11,334.27.The Dow Jones Industrial …