Nvidia Brings the Thunder, Markets Washed Out | Mooers Herd on the Street

Monring mooers! Ominous thunderstorms roared into Jersey City Thursday May 23rd, while the market hit fresh highs after

Kevin Travers29minutes ago

The Fed May Hesitate to Proceed with Rate Cuts This Year, But Will This Definitely Be Bad for The Market?

The minutes of the Federal Open Market Committee's meeting revealed that Fed officials were uncertain about the appropriate timing for monetary easing. Goldman Sachs CEO David Solomon has also indicated his anticipation that there could be no rate cuts this year. However, technology advancement and the inventory cycle shows high interest rates doesn't necessarily hit the market.

Moomoo News Global32minutes ago · Macro

Market Hits Highs, While Most Equities Decline | Market Story

As a general recap, the market was overall declining despite some records. Shortly after 10 AM EST, the $S&P 500 Index traded flat, +0.02. The $Dow Jones Industrial Average climbed fell about 0.58%, a

moomoo News10:03 ET

Most Americans Think Economy Is In Recession Under Biden Despite Hard Data Telling Different Story: 'We're Not Feeling It Where I Live'

While most opinion polls link President Joe Biden's poor job approval rating to the economy's performance, a new survey has shown that it has to do mostly with voter perception rather than reality.Pes

Benzinga02:49 ET

Federal Reserve Meeting Minutes: It may take longer to cut interest rates. Many officials intend to raise interest rates once the risk of inflation is rekindled

Federal Reserve policymakers believe that it will take more time than previously anticipated to be more confident that the inflation target will be met.

wallstreetcn19:09 ET

Stocks Fall After Fed Minutes, Nvidia Posts Another Beat | Wall Street Today

U.S. stocks ended lower on Wednesday as the latest Fed minutes suggested no rush rate cuts this year, with Nvidia giving bullish sales forecast after market.

Moomoo Recap US16:51 ET