Technical corrections almost always happen during the second year of bull markets, but that’s normal and healthy. You should still focus on buying large tech names.
The Fed meeting minutes are set to come out this Wednesday, an event that’s likely to take on greater significance after this week’s January consumer price and producer price reports showed the...
The January US consumer price index (CPI) report, which was released recently, has sparked significant concern among investors, primarily due to the core inflation reading. This data, which excludes...
Traders will keep a close eye on the release of the consumer price index this week, a pivotal measure of inflation. Additionally, significant economic indicators are anticipated later in the week,...
The beginning of 2024 has witnessed a remarkable surge in equities, propelled by robust earnings reports and encouraging economic data. The S&P 500 index, a key benchmark for the U.S. stock market,...
The recent surge in stock markets faced a temporary setback as Federal Reserve Chair Jerome Powell dismissed the notion of a rate cut in March. In a subsequent interview on "60 Minutes," Powell shed...
Wall Street is coming off a poor session after the Fed’s meeting. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. The S&P 500 slid 1.6% in its worst...
The current state of inflation has reached a level where Fed policymakers are contemplating the possibility of reducing interest rates. However, the timing of such a decision is likely to hinge on...
The robust growth of the U.S. economy in the fourth quarter, exceeding expectations with a 3.3% expansion compared to the anticipated 2%, highlights a noteworthy resilience despite ongoing interest...
Market sentiment shows reduced confidence in the Federal Reserve's intention to carry out interest rate reductions, a crucial factor impacting both the economy and stock market direction.The...
The 10-year Treasury yield has demonstrated its resilience following positive employment data, highlighting the ongoing robustness of the labour market. Still, the stock market looks stabilised for...
As we step into the new year, the global economic landscape is shrouded in uncertainty, with indicators pointing towards a palpable slowdown.
The Consumer Price Index report for December has exceeded expectations, reflecting a 0.3% increase in consumer prices for the month, pushing the annual rate to 3.4%. This outpaced economists'...
Investors are treading cautiously into the new week, confronting challenges as the stock market contends with the early-year landscape. The looming presence of pivotal inflation data and substantial...
