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Banks Rise, Tech Slips As Dollar, Treasury Yields Jump On Stronger Data: What's Driving Markets Thursday
Thursday, June 29, 2023 - 1:37pm | 1358Read More...Thursday saw mixed reactions from U.S. stocks to better-than-expected jobs and GDP data, while the dollar and Treasury yields jumped on renewed expectations of a more aggressive Federal Reserve. The U.S. real GDP printed 2% annual growth in the first quarter of the year, higher than the 1.3%...
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Stocks Fall, Ending S&P 500's Winning Streak, While Dollar Gains On Safe-Haven Flows: What's Driving Markets Friday?
Friday, June 23, 2023 - 1:25pm | 1359Read More...Friday was a bad day for U.S. stocks, with the S&P 500 on track to end the week in the red, making it the worst week since the banking crisis in mid-March and putting an end to a five-week winning run. The U.S. dollar, Treasuries and gold all gained some ground, indicating a boost in safe haven...
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US Stocks Look To Snap String Of Weekly Losses As Futures Signal Positive Start Ahead Of Service Sector Data, Fed Speeches
Friday, March 3, 2023 - 8:14am | 1288Read More...U.S. stocks have returned to their cautious ways after their resilience performance on Thursday. The major index futures point to a modestly higher opening on Friday. Cues From Thursday’s Trading: The major averages advanced on Thursday, as traders digested mixed corporate tidings and ...
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Fed Talk: Bostic Sees Need For Higher Rates Until 2024 While Kashkari 'Open-Minded' About Hike Quantum
Wednesday, March 1, 2023 - 9:59pm | 349Read More...Federal Reserve officials are continuing with their hawkish tones amidst strong economic data releases and have cautioned interest rates may increase further and continue to stay at higher levels into next year. Atlanta Fed President Raphael Bostic wrote in an essay that interest rates would need...
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Lower Rate Hikes Ahead? How Fed Officials Reacted To December Inflation Data
Thursday, January 12, 2023 - 11:01pm | 485Read More...Federal Reserve officials on Thursday reportedly sounded relief that inflation continued on its downward path in December, which could likely lead to a step down to a 25 bps interest rate hike at the FOMC meet in early February. The consumer price index rose 6.5% in December, down from 7....
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Fed Officials Say Thursday's Inflation Data Release To Help Decide On Pace Of Rate Hikes
Tuesday, January 10, 2023 - 1:40am | 392Read More...Federal Reserve officials have reportedly said fresh inflation data scheduled to be released on Thursday will help them decide whether the pace of interest rate hikes could be slowed, at the upcoming FOMC meeting, to just a 25 bps increase instead of the larger increases seen for most of last year...
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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 4:51pm | 2051Read More...Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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New Day, New Sentiment: Travel And Tech Stocks On Defense After Monday's Big Gains
Tuesday, July 7, 2020 - 10:51am | 2160Read More...Key Takeaways: Pause button pressed overnight as overseas stocks retreat Several Fed speakers scheduled today S&P 500’s streak of five-consecutive days of gains looks threatened (Tuesday Market Open) After starting the week with a long bomb, the market looks ready for a lateral today....








