(Bloomberg) — This is the week everyone has been waiting for. With the release of a key inflation gauge, the Federal Reserve’s interest rate decision, and comments from Chairman Jerome Powell afterwards, investors are finally hoping to get a clear view of what lies ahead for a market. stock market and an economy slaughtered in …
Futures on the Dow Jones will open on Sunday evening, along with futures on the S&P 500 and the Nasdaq, with particular attention to the CPI inflation report and the Federal Reserve. X The stock market rally retreated last week, with major indexes continuing their trend to new highs, but then fading. It’s a tough …
The market is waiting for the CPI, the Federal Reserve; Here’s what to do Read More »
It’s been a bumpy week for stocks. The market came under pressure at the start of the week as investors worried that the elevated wage pressure seen in the November jobs report could push the Federal Reserve to raise interest rates higher than scheduled for next year to fight inflation. After a brief midweek respite, …
Dow has worst week since September as investors anticipate CPI and Fed meeting Read More »
Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates remain relatively unchanged today after yesterday’s Consumer Price Index data …
Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. X The stock market rally surged on Thursday after a colder-than-expected CPI inflation report as the Dow Jones gained 1,198 points. Both headline and underlying price increases were lower than expected, strengthening the case for a slowdown in Fed rate hikes. …
Futures: Why the rally has room to run after taming the CPI Read More »
