Benzinga | Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy. Yet, the central bank’s latest economic projections painted a…
NEW YORK (AP) — Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228…
NEW YORK (AP) — U.S. stock indexes edged lower Thursday following another reminder that big, unsettling policy changes are underway because of President Donald Trump, along with more signals suggesting the U.S. economy remains solid for now. The S&P 500 slipped 0.2% after flipping between modest gains and losses through the day. The Dow Jones…
NEW YORK (AP) — U.S. stocks climbed Wednesday after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are. Wall Street also got a boost from easing yields in the bond market. The S&P 500 jumped 1.1%. The Dow Jones Industrial Average added 383 points, or 0.9%, and…
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to borrow are likely to have to wait a bit longer for better deals on many loans, but savers will benefit from steadier…
Wall Street inched a little higher Wednesday ahead of the Federal Reserve’s latest decision on interest rates. Futures for the S&P 500 rose 0.3% before the bell, while futures for the Nasdaq rose 0.4%. Futures for the Dow Jones Industrial Average ticked up 0.2%. If the Fed leaves interest rates alone as expected Wednesday, the…
Get live updates on tariffs, the trade war and mass layoffs throughout a busy day for the US economy. Interest rate decision looms as Fed discusses tariffs and trade war impacts With rising tariffs looming, experts warn of increased consumer prices as the Federal Reserve convenes to address economic implications. (Scripps News) Scripps News Interest…
The stock market has fallen fast over the past month. Business and consumer sentiment is souring, and investors are afraid that economic data will soon start to show deeper cracks. The question on Wednesday: Will the Federal Reserve also express concern about the path ahead? So far, Fed officials have largely avoided commenting on an…
March 19 – U.S. stock index futures gained some ground on Wednesday ahead of the Federal Reserve’s widely anticipated monetary policy decision. The central bank is expected to leave its benchmark overnight interest rate unchanged in the 4.25%-4.50% range, when it releases its policy statement at 2 p.m. ET (1800 GMT). Traders see about 60…
Could President Trump’s tariffs spur a recession? An economist warns consumers about a potential economic downturn with President Donald Trump’s trade war pressing on. U.S. stocks are expectd to open modestly lower, consolidating gains made in the last two sessions as Federal Reserve officials kick off their policy meeting on Tuesday. Almost no one expects…