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U.S. stocks rise ahead of Fed decision even as Putin escalates war footing

U.S. stock indexes rose on Wednesday, ahead of another expected sharp interest rate rise by the Federal Reserve and after Russian President Vladimir Putin escalated his war against Ukraine. How are stock indexes trading The Dow Jones Industrial Average  DJIA, 0.53% rose 143 points, or 0.5%, to 30,853 The S&P 500  SPX, 0.63% gained 18 points, or 0.5%, to 3,873 The …

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The mighty dollar may be about to crack, says this strategist, who offers stocks to watch on either side.

Critical information for the U.S. trading day The Dollar Seems To Be Falling There’s no near-term respite in sight for stocks as a new week begins, with futures tumbling ahead of what many see will be a firm foot by the Fed “on the brake pedal this week.” Technical analysts are warning that markets are …

The mighty dollar may be about to crack, says this strategist, who offers stocks to watch on either side. Read More »

Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data

Market pricing in 20% chance of 100 basis point hike seen as ‘over the top,’ economist says Federal Reserve Chairman Jerome Powell gives a press briefing at the start of the pandemic in 2020. ERIC BARADAT/AFP/GETTY IMAGES Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next …

Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data Read More »

Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings

P/E multiple contraction is the main driver of falling share prices. GETTY IMAGES/ISTOCKPHOTO An earnings recession is not the biggest threat facing the stock market right now. That may seem a curious assertion to make in a week in which the largest retailers are reporting disappointing earnings and retail-sector stocks are being pummeled. In fact, contracting …

Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings Read More »

Extreme Inflation Doesn’t Seem To Be Over Anytime Soon

The U.S. grew steadily through early April, a Federal Reserve survey found, but high inflation showed little sign of relenting in “the coming months” and clouded the outlook for the economy. The regular Fed survey, known as the Beige Book, found little evidence inflation is set to turn sharply lower. Businesses have been forced to …

Extreme Inflation Doesn’t Seem To Be Over Anytime Soon Read More »

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