Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery/AFP via Getty Images Stocks wavered on Wednesday ahead of a summit of top central bankers where investors will closely watch for signals of the Federal Reserve’s pathway on monetary policy. Futures for the Dow Jones Industrial Average rose 40 … Read More “Stock Market Today: Dow Futures Waver Ahead of Powell Remarks at Summit” »
Tag: financial news
A little more judging by stock futures reaction this morning. Thank China for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply constraints that the lockdown there has produced. That brings us … Read More “Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says” »
Text size Stocks have rallied in recent sessions as investors fears have eased over aggressive Federal Reserve tightening. Dreamstime Stocks continued their momentum from a rally last week and were rising Monday with fears easing over more aggressive interest-rate increases from the Federal Reserve. Futures for the Dow Jones Industrial Average rose 160 points, or … Read More “Stock Market Today: Dow Futures Rise as Fears Over an Aggressive Fed Ease” »
Text size It will be an economic-data heavy week, but there are several notable companies reporting earnings as well. They will include Nike and Jefferies Financial Group on Monday, then General Mills and McCormick on Wednesday. On Thursday, Constellation Brands, Micron Technology , and Walgreens Boots Alliance will report. Investor days will come from FedEx … Read More “Nike, Walgreens, FedEx, Constellation, and Other Stocks to Watch This Week” »
Text size People walk along Wall Street, near the New York Stock Exchange in New York. ED JONES/AFP via Getty Images Stock futures fell Wednesday, eating into a good chunk of the previous session’s gains, as investors went back to worrying that the Federal Reserve’s aggressive plans to tighten monetary policy could lead the U.S. … Read More “Dow Futures Sink on Recession Fears, Ahead of Powell Testimony” »
Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt/Getty Images Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff. Contracts linked to the Dow Jones Industrial Average rose 493 points, or 1.7%, to 30,365, S&P … Read More “Dow Futures Surge as Wall Street Rebounds From Last Week’s Steep Selloff” »
June 19, or Juneteenth, marks the end of slavery in the U.S. The U.S. designated the day a federal holiday in 2021. Photo by PATRICK T. FALLON/AFP via Getty Images Text size The Juneteenth holiday weekend may come as a bit of respite for investors. Last week, they had to navigate increasingly turbulent markets: The … Read More “Is the Stock Market Closed Today? Here Are the Hours for Juneteenth.” »
U.S. stock markets will be closed to observe Juneteenth for the first time in history. The New York Stock Exchange and Nasdaq will shut down on Monday, June 20, in observation of the newest federal holiday, adding it to the list of market holidays that also includes Thanksgiving Day and Christmas Day. Juneteenth—also known as … Read More “Is the Stock Market Closed on Juneteenth?” »
Text size A trader works on the floor of the New York Stock Exchange. Spencer Platt/Getty Images The stock market largely gained on Friday, closing out a volatile week of trading. Stability in the bond market certainly helped. The Dow Jones Industrial Average slipped 38 points, or 0.1%. The S&P 500 gained 0.2%, and the … Read More “Stock Market Today: The Dow Edged Higher, While Tech Stocks Rallied” »
Text size U.S. Federal Reserve Board Chairman Jerome Powell at a news conference at the headquarters of the Fed on June 15, 2022 in Washington, DC. Drew Angerer/Getty Images The Federal Reserve’s aggressive interest rate increases can only last so long. The stock market could experience some relief soon enough. Right now, the Fed is … Read More “Fed Rate Hikes Will End Sooner Than You Think. What That Means for Stocks.” »