Equity markets pulled back for a 2nd day following the Fed's latest 75 basis point interest rate hike.
November 4, 2022
1396
The U.S. economy downturn is still in the cards, just not right away. To be sure, economists point to how the 2.6% increase in Q3 GDP had more to do with rising exports than anything else.
October 28, 2022
1426
Despite today’s mixed market behavior, yesterday U.S. equities rallied for a third straight day as more top earnings were posted including those of the biggest names in the tech sector.
October 26, 2022
1432
U.S. stock futures rose Sunday evening after all three major averages notched their best week since June at Friday's close.
October 24, 2022
1371
Stock futures are down this European afternoon as investors came out of a tumultuous day with bond yields rising and various corporate earnings reports.
October 21, 2022
1437
According to the Census Bureau, the U.S. retail and food services sales remained unchanged in September on a monthly basis, reaching $684 billion.
October 14, 2022
1455
Today the U.S. market is closed for observing Columbus Day.
October 10, 2022
1430
It’s finally the U.S. jobs day. The median estimate in the Bloomberg survey is for a gain of 255K in September non-farm payrolls (the actual number was just released at 263K, above estimates), a slower pace than the 315K rate seen the previous month.
October 7, 2022
1408
On Wall Street, the bearish sentiment is apparently persisting. Goldman Sachs (GS) and BlackRock (BLK) are warning that markets are yet to price in the risk of a global recession: one of their latest research papers now sees a 98% chance of a looming global recession.
September 27, 2022
1263
The Federal Reserve’s policy-setting FOMC is set to start its two-day meeting tonight, as investors are keen to see whether the financial regulator is ready to raise its benchmark rate by 0.75 or a full point.
September 20, 2022
1305
April 12, 2024
2652
April 24, 2024
2643
April 15, 2024
2547
