For the first time since March 2020, the is expected to lower the this week — and there . Rate cuts can be cause for celebration, particularly if you’re planning to buy a home or pay off debt. But you can also expect to earn less interest on bank deposits and some investments. In other…
Apple stock slid more than 2% in morning trading Monday following a burst of analyst reports that suggested early demand for the company’s latest smartphone, iPhone 16, is lagging behind the release of last year’s model around the same time period. The Street reported findings from Citigroup, Jefferies, and TF International Securities analyst Ming-Chi Kuo…
US stock futures traded mixed on Monday, marking a cautious start to a crucial week dominated by expectations for the Federal Reserve’s first interest-rate cut in four years. Dow Jones Industrial Average futures (YM=F) rose 0.2%, while S&P 500 futures (ES=F) were little changed after strong weekly wins and inching closer to taking out new…
The US stock market experienced a rebound last week, recovering from the sharp losses of the previous week. The S&P 500, which had seen its worst decline since March 2023, regained ground, with growth stocks significantly outperforming value stocks. This resurgence was driven primarily by strong performance in the technology sector, with NVIDIA NASDAQ:NVDA leading…
When the Federal Reserve meets Wednesday, officials are expected to mark the end of an era as they cut interest rates for the first time in four years and chart a course for lower rates over the next two years. “This is a big meeting,” said former Kansas City Fed president Esther George. “It’s one…
Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. If this was forwarded to you, sign up here . This week’s highlights include a dive into what finance chiefs are saying and doing ahead of the Fed’s expected rate cut. Plus, the CFO of China-owned agricultural firm Syngenta…
Stocks managed to secure solid wins ahead of a critical interest rate decision from the Federal Reserve, which has investors on edge over how aggressively the central bank will bring down interest rates. The tech-heavy Nasdaq Composite (^IXIC) led markets higher to nab its best week of the year, up about 6%. That weekly best…
The stock market has recovered most of the losses suffered in its summer selloff. While the S&P 500 Index has bounced back before, this time is unique because it isn’t being led by Big Tech — instead it’s everyone else’s turn. Technology giants like Nvidia Corp. and Microsoft Corp. have led gains in the equities…
The world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of brittle markets. A 36-hour monetary rollercoaster will start with the Federal Reserve’s probable decision to cut interest rates on Wednesday, and finish on Friday with the outcome…
Hotter-than-expected readings on consumer prices — and on some wholesale prices — this week led markets to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate cut at its September meeting. But a confluence of events later in the week once again revived bets of a…