Expectations are full! Just next week, the ECB will take the lead in starting a cycle of interest rate cuts
The ECB's interest rate cut in June was fixed, but Deutsche Bank believes that the ECB is still plagued by high inflation, weak growth, upward pressure on wages, and exchange rate fluctuations. It is expected that it will not cut interest rates month by month but only once every quarter.
S&P, Closes up 4% in May | Market Story
As a general recap, indexes were catios and flatter Friday. Just after 10 AM EST, the $S&P 500 Index traded up just 0.05%, the $Dow Jones Industrial Average climbed 0.12%, and the $Nasdaq Composite In
Inflation Fell a Little, and Market Is Not Celebrating | Herd on Wall Street
Morning mooers! It's finally Friday, May 31, the market is open and mostly climbing. PCE index numbers showed a single 0.1% decline in core prices for April, to not much celebration.
PCE Inflation Data for April: What Economists Expect
By WSJ Staff Are inflationary pressures abating? Investors will get a fresh look on Friday, with the Federal Reserve's favored inflation metric due at 8:30 a.m. ET. Here's what economists expect fro
Liquidity Is Starting to Dry up as the Fed Conducts QT and Bank Lending Slows, Says JPMorgan
By Steve Goldstein Liquidity in U.S. financial markets is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorga
The US election is back on track! Trump's 34 felony verdicts shocked Wall Street; Trump's media still fell more than 8% at night
A New York jury recently handed down a historic ruling. Former President Donald Trump was found guilty of all 34 counts of falsifying business records in his criminal trial on sealing fees
Stocks Fall as Investors Prepare for Upcoming Key Inflation Data | Market Story
The market was green by majority Thursday, but don't tell anyone.
Best Buy Shares Rise After Fiscal Q1 Earnings Top Consensus
Best Buy (BBY) shares rose 11% in recent trading Thursday after the company posted fiscal Q1 earnings that topped estimates.
Economy Growing Slow, Market Pulling Back | Herd on Wall Street
Morning mooers! It's Thursday, May 30th. The market indexes are in decline, and GDP numbers were revised lower, but overall, there is more green than red out there. My name is Kevin Travers, here are stories heard on Wall Street today:
Beige Book Looks Pessimistic, Market Falls | Wall Street Today
As a general recap, the market fell Wednesday. Just after 4 PM EST, the
Market Pulls Back Wednesday After Nasdaq High | Market Story
As a general recap, the market was lower on Wednesday. Just after 10:30 AM EST, the $S&P 500 Index traded -0.55%, the $Dow Jones Industrial Average fell about 0.80%, and the $Nasdaq Composite Index fe
Market Finally Pulling Back after Nvidia Led Tech Rally | Herd on Wall Street
Morning mooers! It's Wednesday, May 29th, The market is trailing into decline after one more day of tech stock advancement that saw the Nasdaq jump over 17k for the first time.
Two-Year U.S. Treasury Yields Expected to Stay Around 5% After Latest Rise
0734 GMT - Two-year U.S. Treasury note yields should stay around 5% after Tuesday's yield rise triggered by strong data, weak demand at two- and five-year Treasury note auctions and Federal Reserve co
Nasdaq Hits 17k, But the Market Was Red | Wall Street Today
The Nasdaq broke records Tuesday, jumping over 17k for the first time before pulling back following a three-day break for Memorial Day. The index hit an all-time closing high of 17,019. Still, by the numbers, about 2,000 more equities were declining than climbing.
Nasdaq Closes Above 17k, Market Falls | Market Story
As a general recap, the market was advancing on Tuesday.
Nasdaq Hitting Highs, Market Flat | Herd On Wall Street
Morning mooers! Happy Tuesday, May 28th. The market is open after a three-day holiday in memory of those who gave their lives for the U.S. The Nasdaq broke records Tuesday, jumping over 17k for the first time.
Nasdaq Closes at Record High With Hopes for Rate Cuts in September | Wall Street Today
Stocks rose Friday as data revealed that American consumers have lowered their inflation expectations, boosting optimism about potential Federal Reserve rate cuts this year.
Friday Market Gains After Pulling Back | Market Story
As a general recap, the market was overall advancing Friday. Shortly after 10 AM EST, the $S&P 500 Index traded +0.36%, the $Dow Jones Industrial Average climbed fell about 0.12%, and the $Nasdaq Comp
Market Climbs At Low Volume Before Holiday Weekend | Herd on Wll Street
Monring mooers! It is Friday, May 24th, the eve of Memorial Day weekend here in the U.S. The tech sector is in the green, the market is climbing. My name is Kevin Travers, I am writing from the beach today: here are stories moving the market today.
How can the Federal Reserve reduce inflation? This major bank made a suggestion: cut interest rates!
Rick Rieder, BlackRock's chief investment officer for global fixed income and head of the global allocation team, said, “Currently, it is unclear to me whether higher (interest rates) will help reduce inflation or actually boost inflation.”