Federal Reserve

A risk-off mood persists on Wall Street as the index futures point to a marginally lower start on Wednesday after the tech-led rebound witnessed in the previous session. Nvidia Corp. (NASDAQ:NVDA) fell in premarket, followed by Apple Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA). Chipmakers and...

Gold mining stocks, as tracked by the VanEck Gold Miners ETF (NYSE:GDX), extended their winning streak on Tuesday to nine consecutive sessions, reaching their highest levels since August 2020. This marks the longest run of gains for gold miners in over three years, driven by strong investor demand...

Editor’s note: This story has been updated to remove draft notes that were erroneously included. The International Monetary Fund (IMF) delivered a mixed message on the U.S. economy in its latest World Economic Outlook report. While the Washington-based institution raised its forecast for U.S...

With rising geopolitical tensions and the Federal Reserve shifting toward rate cuts, 2024 is shaping up to be gold's best year in over four decades, reigniting strong investor demand for the precious metal. Gold, as tracked by the SPDR Gold Trust (NYSE:GLD), has surged 33% year-to-date as of Oct....

As the 2024 U.S. presidential election approaches, financial markets are bracing for its potential impact on the U.S. dollar. Past elections have triggered periods of dollar depreciation. This time, Michael Cahill, foreign exchange strategist at Goldman Sachs, explains the risks now point toward...

Wall Street maintained a cautious stance amid a flurry of earnings reports this week, while markets posted gains for the sixth consecutive week. With some important tech companies scheduled to announce their earnings this week, the Nasdaq Composite kicked off the week on a positive note even as the...

In a possible move to reshape the Federal Reserve, former President Donald Trump's advisors are reportedly considering strategies to gain quicker influence over the central bank. What Happened: Trump may explore demoting Michael Barr, the current vice chair for Supervision, allowing him to remain...

U.S. major indices fell on Monday as rising Treasury yields and a strengthening dollar dampened risk sentiment. Investors are reassessing the economic outlook and weighing potential risks tied to the Federal Reserve’s next interest rate moves. Yields on the 10-year Treasury note surged 9...

The U.S. economy is flexing unexpected muscles, with recent data hinting at a potential shift from the much-anticipated "soft landing" to something far more glittering. Only two months ago concerns about a looming downturn dominated the narrative, but as a series of upside data surprises rolled in...

Goldman Sachs has issued a stark warning for U.S. equity investors, predicting significantly lower returns for the S&P 500 over the next decade due to historically high levels of market concentration. The firm's analysts, including David J. Kostin and Ben Snider, highlight that the current...

U.S. banks are preparing to slash interest payments on corporate deposits as the Federal Reserve’s recent rate cuts take effect. Following the Fed's decision in September to lower its benchmark rate by 50 basis points, the first reduction in over four years, U.S. financial institutions are...

U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a sixth straight week. Earning news flow will pick up momentum in the coming days, potentially cushioning any downside, with Tesla Inc. (NASDAQ:TSLA), Boeing Co. (NYSE:BA), General Motors Co. (NYSE:GM)...

Wall Street is priming for a positive start on Friday after the major averages ended narrowly mixed in the previous session. Positive reaction to Netflix, Inc.’s (NASDAQ:NFLX) earnings could provide a lift to the tech space, given earnings news flow from the sector will likely start in...

Bank of America released a bullish note on gold Thursday, just as the precious metal reached new record highs at $2,696 per ounce (oz). Gold remains “the ultimate perceived safe haven asset” in today's macroeconomic environment, according to Bank of America’s commodity analyst...

After dropping to their lowest level in two years following the Federal Reserve's September rate cut announcement, 30-year fixed-rate mortgages have climbed higher once again. Nonetheless, the environment is looking more favorable for homebuilding companies, as buyers are incentivized to make...