Federal Reserve

U.S. stocks could see a weak opening on Tuesday after the averages registered a mixed last week. While the S&P 500 and Dow Jones snapped their six-week winning streak, the Nasdaq Composite chalked its seventh straight week of gains. Earning news flow will continue to pick up momentum in the...

Amid ongoing discussions about the Federal Reserve’s interest rate decisions, Jim Cramer has expressed confidence in Home Depot (NYSE:HD), emphasizing its resilience and potential for success regardless of the Fed’s actions. What Happened: The “Mad Money” host highlighted...

The Japanese Yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE:FXY), weakened past 153.20 per U.S. dollar on Monday, marking its lowest level since late July 2024. The decline follows a significant political shakeup over the weekend, as Japan’s ruling coalition – the...

Stocks set for positive start after mixed week, earning news may cushion downside. Nasdaq gains 7th straight week, 7 'Magnificent' companies to post earnings. U.S. stocks could get off to a positive start on Monday after the averages registered a mixed week. While the S&P 500 and Dow Jones...

Market participants are almost fully pricing in a rate cut at the Federal Reserve’s Nov. 7 meeting as policymakers enter their customary pre-meeting blackout period, where officials abstain from public commentary leading up to the policy decision. Investors have further bolstered their rate-...

With less than two weeks until the U.S. presidential election, economic policy is once again a focal point, especially as concerns around tariffs and inflation resurface. Gita Gopinath, deputy managing director of the International Monetary Fund (IMF), issued a warning about economic risks...

Investors could see a second straight day of an opening in the green on Wall Street as the index futures point to a positive start on Friday. Treasury yields started cooling again after scaling three-month highs. While Friday is a little light on the earnings side, consumer sentiment data and a...

The U.S. private sector continues to display robust growth signals, according to the latest data from S&P Global’s Purchasing Managers’ Index (PMI) for October. The surveys indicate that business activity, particularly in the services sector, exceeded expectations, while...

With the Federal Reserve easing interest rates, high-yield dividend ETFs are back in the spotlight. As bonds become less attractive, income-focused investors are looking at equity funds for better returns. Two popular options, JPMorgan Equity Premium Income ETF (NYSE:JEPI) and Global X...

Investors could see some respite on Wall Street as the index futures point to a positive start on Thursday after three straight days of losses. EV giant Tesla Inc. (NASDAQ:TSLA) blew past expectations in terms of margins and earnings per share (EPS), although it missed revenue expectations. Dow...

Yields on longer-dated U.S. 30-year Treasury bonds have breached the 4.50% threshold, a significant level last witnessed on July 25, raising alarms across global financial markets. The 10-year U.S. Treasury yield has also seen a notable increase of 63 basis points, climbing to 4.25% since the...

Central banks shatter irony meters as a Fed Governor insists they have unlimited dollars, but it’s Bitcoin that has no value. Not to be outdone, the European Central Bank lowers interest rates and at the same time, warns of coming higher inflation. They’d be better off admitting they...

The U.S. regional banking sector is showing resilience as several mid- and small-cap banks delivered stronger-than-expected third-quarter earnings, according to JPMorgan analyst Anthony Elian. In a note on the sector's third-quarter earnings season, Elian highlighted widespread earnings beats and...

Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan has cautioned the Federal Reserve against implementing overly aggressive interest rate cuts.  What Happened: Moynihan’s comments came during an interview with Bloomberg TV in Australia, where Bank of America is celebrating 60 years of...

A recent surge in mortgage rates is weighing heavily on homebuyers, causing a sharp and sustained drop in mortgage applications across the U.S. This downturn marks the fourth consecutive weekly decline, signaling growing pressure from elevated borrowing costs. Mortgage Applications Plummet for...