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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
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.
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
Economy Speeds up in May, S&P Finds. Businesses Optimistic.
The numbers: The U.S. economy gained speed in May, a pair of S&P surveys found, and businesses were optimistic about growth in the year ahead.
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
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.
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.
All Eyes on AI Giant Nvidia as Market Closes Down Wed Afternoon | Market Story
Morning. The market is awaiting Nvidia earnings after the close today, and month-old data from the Fed.
Express News | FOMC Minutes Show Uncertainty, and a Hint of Raising Rates
The U.S. Raised Tariffs on China. Now It Wants Europe's Support
The U.S. is leaning on Europe to help defend against a surge of Chinese exports on global markets, trying to achieve unity among allies that hold distinct views of how to respond to Beijing's economic might.
Express News | Reuters Poll-S&P 500 Index to End 2024 at 5,302 (5,100 in Feb Poll)
Express News | Reuters Poll-Dow to End 2024 at 40,765 (41,600 in Feb Poll)
The Market's Fear Gauge Is Signaling Trouble. What to Expect
By Steven M. Sears Investors are likely to soon learn a harsh lesson about the Cboe Volatility Index, or VIX -- especially those who get excited by milestones like the Dow Jones Industrial Average cr
Bond traders cut bets on the Fed's interest rate cut, and US debt bears are back on the rise
Traders remain cautious and wait for more data to confirm that inflation is moving in the right direction, while waiting for the Federal Open Market Committee (FOMC) minutes of the May meeting to be released on Wednesday to provide new clues about the Federal Reserve's policy path.
Fed Is In 'Risk Management' Mode With Rate Policy, Regional Presidents Say
Federal Reserve officials continued to preach patience on Tuesday night, saying they are still looking to gather more information to gain greater clarity around the future path of inflation.
Inflation Might Not Be as Bad as It Looks. Why Stocks Could Head Even Higher
Inflation still looks too high, but it isn't as bad as it appears on the surface. That's great news for the stock market.
Stocks Hit Record Highs as Fed’s Waller Says Rate Cuts Possible at Year's End | Wall Street Today
Stocks rose on Tuesday, with the S&P 500 and Nasdaq Composite reaching fresh record highs.
Indexes Climb to Record Highs While Equities Overall Fall | Market Story
Indexes Climb to Record Highs While Equities Overall Fall | Market Story
JPMorgan's Kolanovic Is Now the Biggest Bear Standing
Pessimists on Wall Street have had a tough run as the market chases one high after another. But one prominent bear is still holding firm.
Market Cautious Before Big AI Report, Gold and Eth Fly | Herd on Wall Street
Morning mooers! It is Tuesday, May 21, a balmy 80* in Jersey City. The market is open and trending lower after some all time highs, my name is Kevin Travers and here are stories moving the market today: