US stocks fell slightly on Wednesday as investors braced for the outcome of the Federal Reserve’s policy meeting. Fed policymakers will conclude their two-day meeting later in the day. At 9:49 a.m. ET, the Dow Jones Industrial Average was down 20.12 points, or 0.05 per cent, at 39,090.64, the S&P 500 was down 4.55 points, … Read more
US stocks were mixed on Tuesday ahead of the Federal Reserve’s interest rate decision due on Wednesday. At 9:52 a.m. ET, the Dow Jones Industrial Average was up 42.20 points, or 0.11 per cent, at 38,832.63, the S&P 500 was down 11.67 points, or 0.23 per cent, at 5,137.75, and the Nasdaq Composite was down … Read more
Stock Market Today: Dow, S&P Live Updates for March 19 Bloomberg Source link
US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average … Read more
Tech giants led gains in stocks at the start of a week that will bring a raft of central-bank decisions from the US to England and Japan. Equities rebounded from a recent pullback, with megacaps outpacing the broader market. Alphabet Inc. jumped as Bloomberg News reported Apple Inc. is in talks to build Google’s Gemini … Read more
I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at reporting on the leveraged US middle class by Claire Ballentine and Eliza Ronalds-Hannon. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can … Read more
To get John Authers’ newsletter delivered directly to your inbox, sign up here. Tuesday’s core CPI print for February came in hotter than expected, yet the stock market wasn’t bothered. For much of 2023, the S&P 500 moved inversely to expected fed funds rates, with the index selling off while the Federal Reserve was expected … Read more
The world’s biggest bond market sold off after another hot inflation report reinforced bets the Federal Reserve will be in no rush to cut rates even as some areas of the economy show signs of sluggishness. Treasury yields climbed and stocks retreated as the data underscored the Fed’s challenges in achieving its 2% inflation goal. … Read more
Stock Market Today: Dow, S&P Live Updates for March 13 Bloomberg Source link
The stock market managed to rebound after the latest inflation figures did little to alter bets the Federal Reserve will cut rates this year — even if it keeps a more cautious stance for now. Following a series of twists and turns, the S&P 500 pushed decidedly higher. Notwithstanding the fact that the consumer price … Read more