Topline The stock market fell on Tuesday, with retail stocks leading declines after Walmart slashed its profit outlook for the rest of the year and warned that high inflation is having an impact on co...
Tag: fed rate hike
Here’s What Another China Lockdown Could Mean For The U.S. Economy
More Covid lockdowns in China would be “another headache” for the Federal Reserve in its battle against inflation, experts say, though global supply-chain bottlenecks are easing. If there’s any indica...
Dow Rebounds 500 Points, Analysts ‘Cautiously Optimistic’ After More Solid Earnings
Topline The stock market surged Tuesday, recouping losses from the previous session, as investors cheered another round of solid quarterly earnings results from corporate America despite inflationary ...
Dow Jumps 300 Points After Solid Earnings From Goldman, Bank Of America
Topline The stock market rallied on Monday to kick off a big week of earnings as the latest quarterly results from big banks provided further clues about the health of the economy, with investors now ...
Dow Jumps Over 600 Points After Strong Retail Sales, Mixed Bank Earnings
Topline Stocks surged higher on Friday—recouping some of their losses from this week—as investors assessed the latest batch of corporate earnings from major banks and markets got a boost from stronger...
Dow Jumps 400 Points After Strong Retail Sales, Mixed Bank Earnings
Topline Stocks opened higher on Friday—attempting to recoup some of their losses from this week—as investors assessed the latest batch of corporate earnings from major banks and markets got a boost fr...
Bank Of America Becomes Latest Financial Institution To Forecast Recession
Topline Bank of America on Wednesday became the latest financial institution to predict an oncoming recession in the U.S. economy sometime later this year—joining the likes of Deutsche Bank, Goldman S...
Dow Falls 300 Points After ‘Ugly’ Inflation Report Adds To Recession Fears
Topline The stock market tanked on Wednesday after the Labor Department reported inflation unexpectedly surged to new highs in June, adding to already widespread recession fears as investors believe t...
Wall Street Firms Slash S&P 500 Price Targets As ‘Concerned’ Analysts Warn Of Earnings Slowdown
Topline A handful of Wall Street’s biggest firms are slashing their S&P 500 forecasts for the year, predicting lower stock market returns thanks to a difficult quarterly earnings season ahead as c...
Dow Drops Nearly 200 Points As Investors Brace For Shaky Earnings Season, Looming Inflation Report
Topline Stocks fell on Monday as markets brace for the start of earnings season–with several major companies reporting quarterly results this week, as investors also remain nervous about the upc...
Stocks Fall After U.S. Economy Adds Back 372,000 Jobs In June
Topline The stock market opened slightly lower on Friday despite solid gains earlier this week, as investors assessed a stronger-than-expected jobs report amid ongoing fears that the Federal Reserve’s...
Dow Jumps 200 Points As Stocks Aim For Rare Winning Week
Topline The stock market moved higher on Thursday, looking to build on recent gains a day after the Federal Reserve reaffirmed its commitment to bringing down inflation with more big rate hikes and ti...
Federal Reserve Prepares More Big Rate Hikes Amid Risk That High Inflation Could ‘Become Entrenched’
Topline Federal Reserve officials reaffirmed their commitment to fighting inflation with big rate hikes and pledged to use “more restrictive policy” as needed, especially amid “significant risk” that ...
Dow Falls 700 Points As Euro Sinks To 20-Year Low Against The Dollar With Global Recession Fears ‘Front And Center’
Topline The stock market fell on Tuesday, adding to recent losses as investors returning from the holiday weekend face renewed fears of a looming recession, while shares of Tesla slumped after the ele...
These Are The Best And Worst Performing Stocks Of 2022
Topline Amid the market’s worst first half of a year in over five decades, tech and cruise line stocks have been among the worst performers in the S&P 500, while energy, healthcare and consumer co...
Dow Jumps 800 Points, Stocks Snap Three-Week Losing Streak After Inflation Expectations Ease
Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may ha...
Political Ads Targeting Inflation Ahead Of Midterm Elections Could Force The Fed To Keep Hiking Rates: Goldman Sachs
Topline The Federal Reserve’s “heightened sensitivity” to rising inflation expectations could be triggered by a barrage of political ad campaigns that are expected to highlight surging consumer prices...
Powell Says Fed Will Continue Hiking Rates Until There Is ‘Compelling Evidence’ That Inflation Is Slowing
Topline Federal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to raise interest rates and remains “strongly committed...
Dow Drops 200 Points As Wall Street Banks Warn Of ‘Significant Downturn’ And Raise Recession Odds
Topline Stocks fell on Wednesday as a growing number of major Wall Street firms warned that the likelihood of a recession has risen sharply, predicting that markets could tank even further as the Fede...
Dow Jumps 400 Points Even As Experts Warn Recession Could Lead To Further Stock Selloff
Topline Stocks moved higher on Tuesday as the market attempted to recover from its worst week since March 2020, despite the fact that investors widely remain nervous about surging inflation and rising...
Another Major International Bank Forecasts Recession In The U.S.
Topline Japanese investment bank Nomura on Monday became the latest bank to predict an oncoming recession in the U.S. economy sometime later this year—joining the likes of Deutsche Bank and Morgan Sta...
Stocks Post Worst Week Since March 2020 Amid ‘Deafening’ Recession Worries
Topline The stock market struggled for direction on Friday after brutal selloffs in recent days, with the benchmark S&P 500 on track for its worst week since March 2020 as investors brace for a lo...
Why Experts Pick These Stocks During Economic Turmoil
Topline With stocks falling into a bear market this year amid fears that aggressive rate hikes from the Federal Reserve will plunge the economy into a looming recession, top firms on Wall Street are a...
The Impact Of The Fed Rate Hike And What To Expect Next
Getty Images Takeaways The Federal Reserve hiked its target federal funds rate by 0.75% on Wednesday Stocks rallied Wednesday on the news before falling again by Thursday’s close Consumers can expect ...
Stocks On Track For Worst Week Since March 2020 Amid ‘Deafening’ Recession Worries
Topline The stock market moved slightly higher on Friday as it attempts to rebound from a brutal selloff, with the benchmark S&P 500 on track for its worst week since March 2020 as investors brace...
Dow Plunges 700 Points As Fed Rally Evaporates Amid Fears That A Recession Is ‘Inevitable’
Topline Markets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the Federal Reserve announced it would hike rates by 75-basis-points...
Dow Jumps 300 Points After Powell Says Fed Could Hike Rates By 75 Basis Points Again In July
Topline The stock market moved higher on Wednesday after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, while Fed Chair Jerome Powell also signaled that...
Housing Market Could ‘Torpedo’ U.S. Economy, Expert Warns
Topline Mortgage rates have surged higher this week as markets digest more aggressive interest-rate hikes from the Federal Reserve, and with the average 30-year fixed mortgage rate hitting its highest...
Stocks Pare Back Gains After Federal Reserve Hikes Rates By 75 Basis Points
Topline The stock market opened higher on Wednesday but pared back gains after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, as investors continue to w...
‘Don’t Be Fooled’ By Latest Rally As Stocks Prepare For Looming Fed Rate Hikes, Experts Warn
Topline The stock market moved higher on Wednesday as investors nervously look ahead to the conclusion of the Federal Reserve’s upcoming policy meeting, with the central bank now expected to hike inte...
Here’s How Markets Reacted Last Time The Fed Hiked Rates By 75 Basis Points
Federal Reserve Chair Jerome Powell. Alex Brandon/ASSOCIATED PRESS The stock market carnage this year continues to get worse, with the S&P 500 recently falling into a bear market amid rising fears...
Stocks Rally After Fed Minutes Show Central Bank Will Continue To Raise Rates Aggressively
Topline Stocks rallied slightly on Wednesday after minutes from the Federal Reserve’s most recent policy meeting showed that the central bank is likely to continue raising interest rates by a half-per...