The S&P 500 jumped 5.54% today. How weird is that? Big percentage move, 1929 Bettmann Archive Yikes. Stocks up 5.54% in one day. How often does that happen? And does today provide fresh evidence t...
Tag: market rally
This Is Why Today’s Inflation Number Is Not As Good As It Seems
Mary Daly, president of the San Francisco Federal Reserve Bank, poses for a photograph. (Photo by … [+] Nick Otto for the Washington Post) The Washington Post via Getty Images Today the Bureau o...
Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes
Topline The stock market moved higher on Monday, extending recent gains ahead of a key inflation report this week, with investors hoping for more signs that high consumer prices have peaked as the Fed...
Dow Jumps Over 300 Points As Investors Shake Off Rising Fears About More Fed Rate Hikes
Topline The stock market surged higher on Friday, with stocks on pace to snap a three-week losing streak as investors shook off Federal Reserve Chair Jerome Powell’s recent comments about more interes...
Bank Of America Warns Of ‘Textbook’ Bear Market Rally, Predicting New Lows For Stocks
Topline Though stocks have mounted a stunning comeback from June lows as investors grow more optimistic about cooling inflation and the Federal Reserve potentially scaling back interest rate hikes, th...
Here’s Why More Fed Officials Are Warning That The Market Is Getting Ahead Of Itself
Topline An increasing number of Federal Reserve officials are pushing back against the latest market rally, dismissing recent optimism about an upcoming “pivot” in monetary policy as wishful thinking ...