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3 mins read
Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook
Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…
Jennifer Sor
3 mins read
Don't let September's jobs report fool you — the labor market is still deteriorating at a worrying rate, economists warn
The September payrolls report seemed to switch the investor narrative around the labor market on a …
William Edwards
1 min read
Stock market today: Indexes poised for another record as traders digest Fed commentary
The Fed looks like it's "inching closer" to a rate cut, according to B. Riley Wealth's Art Hogan.
Jennifer Sor
2 mins read
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…
Filip De Mott
2 mins read
India to clock 7% growth in FY25 despite headwinds: Deloitte
According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…
PTI
2 mins read
Stock market today: US stocks fall as traders fret over inflation data and rate outlook
Stocks notched a second straight weekly loss on Friday as traders took in hotter-than-expected infl…
Jennifer Sor
2 mins read
Stock market today: US stocks rise as markets brace for March inflation data and fresh Fed commentary
Treasury yields continued to climb as markets readjust forecasts for rapid interest rate cuts from …
Filip De Mott
2 mins read
Stock market today: S&P 500 closes at a fresh record above 5,600 as traders brace for June inflation
The S&P 500 closed above 5,600 for the first time and the Dow soared 430 points. Economists expect …
Jennifer Sor
1 min read
US stocks trade mixed as investors digest the outlook for longer inflation fight by the Fed
"We haven't completely solved the inflation problem," Minneapolis Fed president Neel Kashkari said …
Jennifer Sor
2 mins read
Stock market today: US stocks add to records as investors get a boost from Fed rate outlook
Markets continued to cheer the Fed's outlook for three rate cuts in 2024, adding to record highs no…
Phil Rosen
2 mins read
Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data
Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …
Max Adams
2 mins read
Stock market today: US stocks edge higher ahead of key inflation data that will help determine Fed rate plans
"Tomorrow's March CPI report will be paramount" in determining the Fed's next interest rate move, M…
Matthew Fox
2 mins read
The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says
The US recession many forecasters have been calling for isn't going to materialize anytime soon, ac…
Jennifer Sor
2 mins read
The Fed is only going to cut rates once in 2024 as shelter inflation is too high and the job market is hot, Vanguard says
The Fed is most likely cutting rates once in September, Vanguard predicted. Markets are still antic…
Jennifer Sor
2 mins read
Evercore ISI upgrades its S&P 500 outlook to the highest on Wall Street as it says the AI revolution is just getting started
"The backdrop of slowing inflation, a Fed intent on cutting rates and steady growth have supported …
Matthew Fox
2 mins read
US stocks rise after soft retail sales data drives dovish Fed outlook
Indexes ticked higher as investors took in fresh data that showed weaker than expected retail sales…
Phil Rosen
2 mins read
Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks
US stocks finished the week more than 1% higher despite Friday's slight decline following a mixed M…
Matthew Fox
2 mins read
Stock market today: Dow ends at a record high as markets see rising odds of another big rate cut
Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit …
Matthew Fox
1 min read
Why you should buy stocks ahead of this week's inflation report
Fundstrat's bullish short-term outlook is supported by declines in volatility, the US dollar, and l…
Matthew Fox
1 min read
The inflation report dashes hopes of a jumbo rate cut next week
Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…