What to Expect in the Week Ahead (AMZN, AMD, SMCI, AAPL, COIN Earnings; Fed Interest Rate Decision, Nonfarm Payrolls)
The latest U.S. jobs report and the Federal Reserve's interest rate decision will be released along with more mega-cap earnings, which will be the main events for investors in the week ahead.
Jared Bernstein on Inflation, The Federal Reserve
Jared Bernstein, Chair of the Council of Economic Advisers, breaks down the recent data showing softer growth and hotter inflation, and if there should be any concerns over consumer sentiments. He states that the economy is still very strong and shares his thoughts on how he sees inflation coming down as the Federal Reserve is no longer hiking interest rates. Jared Bernstein speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."
We're Getting Whiffs of Stagflation, Sosnick Says
Steve Sosnick, Interactive Brokers chief strategist, says the push-pull between stocks and bonds is getting a little nerve racking. He says the bond market is starting to get a little stressed. He is on "Bloomberg Markets: The Close."
Inflation data is not optimistic. What exactly should the Federal Reserve do?
The Federal Reserve is likely to remain cautious and will not start cutting interest rates anytime soon
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
Market Closes Green After Tech Earnings | Market Story
Indexes were in the green at open, riding the highs of the most recent tech earnings. Alphabet said it would start paying dividends soon, launching both share classes up 9%.
Interest Rate Traders Bet Against Fed Cuts, Eye Steady or Higher Rates into 2024
As the U.S. economy demonstrates its resilience and the fight against inflation encounters a plateau, interest rate traders are positioning for a new reality: the Federal Reserve may maintain its current stance, or possibly even tighten further, into the coming year.
S&P 500 Year-End Target Raised to 5,535 at Wells Fargo
Chris Harvey, head of equity strategy at Wells Fargo, explains his firm’s call for a year-end target of 5,535 for the S&P 500 and says it does not depend on the number of rate cuts this year from the Federal Reserve.
AI-Fueled Stocks Rally Has Further to Go, BlackRock's Li Says
BlackRock Global Chief Investment Strategist Wei Li comments on the earnings season, the impact of artificial intelligence and how it plays into the 2024 equities rally. "I think there is greater runway for AI adoption to not only play out further in this Magnificent Seven, but beyond the tech sector in other sectors like healthcare, financials and industrials as well," Li said on Bloomberg Television.
Don't Panic. Weaker GDP Isn't a Reason to Bail on Stocks
April showers famously bring May flowers. But this month's market storms may be bringing investors something even prettier -- a buying opportunity for stocks.
“New Federal Reserve News Agency”: The Fed's dream of cutting interest rates is far away
Well-known financial journalist Nick Timiraos wrote that the US economic activity report released on Thursday brought investors and Federal Reserve policy makers the latest unpleasant reminder.
Market Falls For the Day on Meta's Infectious Drop | Market Story
Indexes opened much lower, dragged down by big tech.
The Stock Market Is Flirting With Trouble. Watch These Key Price Levels
Stocks are taking a beating after a weak GDP report and worries about tech, following Meta Platforms' disappointing revenue and spending outlook.
Amazon, Meta, IBM, Super Micro, and Other Tech Stocks in Focus Today
So much for the tech-stock rebound. Disappointing corporate earnings -- most notably the reaction to Meta Platforms' results -- and weaker-than-expected U.S. economic growth data, ar
March PCE Price Index Preview: Economists Warn of Broadening Inflation Impact from Rising Oil Prices to More Sectors
Economists Warn of Broadening Inflation Impact from Rising Oil Prices to More Sectors. PCE price index is expected to increase by 2.6%, up from 2.5% in February.
Pimco's Wilding Says the Fed Pivot Party Is Over
Tiffany Wilding, Pimco managing director and economist, says the US economy is "incredibly strong" and isn't consistent with inflation pressures further moderating. She speaks on Bloomberg Television.
Market Trades Flat, Earnings Swing Big and Small | Wall Street Today
Indexes finished flat before yet another massive day of after-hours earnings Wednesday.
S&P 500 and Nasdaq Composite Inch Higher, But Dow Jones Industrial Average Eases a Bit
S&P 500 and Nasdaq Composite Inch Higher, But Dow Jones Industrial Average Eases a Bit
AT&T First-Quarter Earnings, Postpaid Phone Subscribers Top Analyst Estimates
AT&T (T) on Wednesday recorded lower first-quarter results but earnings topped market estimates, while the telecommunication giant added more postpaid phone subscribers than analysts expected. The com
Morgan Stanley's Wilson on Markets, Earnings, Election
Mike Wilson, chief US equity strategist at Morgan Stanley, talks about stock picking in this volatile environment, how the presidential election could impact markets, and the prospect of a Federal Reserve rate cut. He is on "Bloomberg Surveillance."