After US stocks (^DJI, ^IXIC, ^GSPC) closed lower following the Federal Reserve’s announcement that it will pause cutting interest rates, Julie Hyman and Josh Lipton, joined by Interactive Brokers chief strategist Steve Sosnick, take a look at the top stories on Wall Street, namely on Big Tech earnings. Microsoft’s (MSFT) earnings were better than expected,…
US stocks (^DJI, ^IXIC, ^GSPC) close Wednesday’s session in negative territory after the Federal Reserve decided to pause interest rates in the 4.25-4.5% range. Market Domination Overtime host Julie Hyman highlights the movements in the market averages and bond yields (^TYX, ^TNX, ^FVX) after the central bank’s latest decision. To watch more expert insights and…
The biggest initial development out of the Fed’s policy statement on Wednesday centered on a shift in the wording of the final sentence in the first paragraph of the Fed’s statement. If that feels like a fine slice, it is. On Wednesday, the Fed said regarding inflation: “Inflation remains somewhat elevated.” In December, the central…
The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing costs for individuals and businesses after a flurry of rate cuts starting last fall. The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%. The decision comes after…
(Reuters) – Futures tied to the Nasdaq gained on Wednesday as semiconductor-related stocks rose after chip equipment maker ASML’s quarterly orders topped estimates, with focus also on a raft of company results and the Federal Reserve’s rate verdict later in the day. The Fed’s first interest rate decision of the year is due at 2…
Dow Jones futures edged lower after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting will conclude Wednesday but the attention will quickly turn to Tesla (TSLA), Meta Platforms (META), Microsoft (MSFT) and ServiceNow (NOW), due Wednesday night. The stock market rebounded Tuesday, with the Nasdaq leading after Monday’s AI-led losses. AI…
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is expected to hit the pause button on additional rate cuts at its Jan. 29 meeting. The Fed is expected to hold its benchmark rate steady on Wednesday at its current range between 4.25%…
Nasdaq and S&P 500 futures edged up on Tuesday, following a steep stock sell-off spurred by concerns of over-confidence in Big Tech’s potential payoff from investments in AI. Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting where the impact…
A version of this post first appeared on TKer.co After hitting a few bumps over the past month, the bull market resumed and stocks hit record highs last week. This happened despite some notable headwinds intensifying in recent months. Long-term interest rates, while off their highs, remain above levels we’ve experienced in recent years. This…
The S&P 500 (^GSPC) just capped its best first four trading days under a new president since Ronald Reagan’s first week in 1985. The week ahead will bring investors a deluge of news that will put that rally to the test. Earnings from more than 100 members of the S&P 500 — highlighted by results…