Federal Reserve
US Election Uncertainty and Fed Rate Decision Keep Investors on Guard | Daily Market Analysis
Key events: Australia - RBA Interest Rate Decision (Nov) USA - US Presidential Election USA - S&P Global Services PMI (Oct) USA - ISM Non-Manufacturing PMI (Oct) USA - ISM Non-Manufacturing Prices (Oct) USA - 10-Year Note Auction As the week kicked off, US markets took a cautious stance, with the S&P 500 ending Monday in the red. Investors are bracing for two major events: the presidential election on Tuesday and the Federal Reserve’s upcoming rate decision.
Rising Treasury Yields Pressure US Stocks as Nvidia’s Surge Limits Losses; Market Eyes Tech Earnings and Fed Rate Outlook | Daily Market Analysis
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Global Markets on Edge: Dow Hits Record High, Gold Struggles, and Currencies React to Stimulus and Geopolitical Tensions | Daily Market Analysis
Key events: China - Manufacturing PMI (Sep) UK - GDP (QoQ) (Q2) UK - GDP (YoY) (Q2) USA - Chicago PMI (Sep) USA - Fed Chair Powell Speaks On Friday, the Dow Jones Industrial Average reached record highs, closing with a gain of 137 points (0.3%) at 42,313.00. Energy stocks surged, and signs of faster-than-expected cooling inflation buoyed investor sentiment. In contrast, the S&P 500 dipped by 0.2%, and the Nasdaq Composite, heavily concentrated with tech stocks, fell 0.4%.
Dow Climbs to New Highs Amid Fed Rate Cut Hopes and Global Market Volatility | Daily Market Analysis
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S&P 500 Rebounds on Tech Rally While Inflation Tempers Fed Rate Cut Expectations | Daily Market Analysis
Key events: Eurozone - Deposit Facility Rate (Sep) Eurozone - ECB Interest Rate Decision (Sep) USA - Initial Jobless Claims USA - PPI (MoM) (Aug) Eurozone - ECB Press Conference USA - 30-Year Bond Auction The S&P 500 trimmed its losses on Wednesday, as a tech rally led by Nvidia helped offset declining expectations for a large interest rate cut by the Federal Reserve next week. This came after data showed a slight increase in core inflation last month.
Rally in Tech Stocks Ahead of Key Earnings Pushes Dow to Four-Week High | Daily Market Analysis
The Dow surged on Friday, marking its fourth consecutive weekly gain, buoyed by strong corporate earnings and data indicating cooling inflation, which fueled optimism for an upcoming interest rate cut. The Dow Jones Industrial Average climbed 654 points, or 1.6%. Both the S&P 500 and NASDAQ Composite rose 1.1%, though the latter two indexes recorded their first back-to-back weekly losses since April.
Money Talks: Inside the Operations of the Federal Reserve System
In the intricate dance of economic management within the United States, the Federal Reserve System, affectionately known as the Fed, holds center stage. Charged with overseeing the nation's financial stability, the Fed's mandates span from fostering robust employment to steering sustainable economic growth. Its influence, wielded through a spectrum of policies, encompasses the ebb and flow of monetary currents, leaving indelible marks on various economic facets.
US Stocks Drop Despite Inflation Slowdown as Rate Cut Speculation Grows | Daily Market Analysis
Key events: USA - PPI (MoM) (Jun) Canada - Building Permits (MoM) (May) USA - Michigan Consumer Sentiment US stocks fell on Thursday despite inflation data suggesting a slowdown in the US economy, which raised the possibility of Federal Reserve interest rate cuts later this year.
Debate Highlights Economic Divide as Markets React to Inflation and Currency Moves | Daily Market Analysis
Key events: UK - GDP (QoQ) (Q1) USA - Core PCE Price Index (YoY) (May) USA - Core PCE Price Index (MoM) (May) USA - Chicago PMI (Jun) The S&P 500 managed a slight gain on Thursday as investors balanced a decline in chipmaker Micron against gains in consumer stocks, just ahead of key inflation data. The Dow Jones Industrial Average increased by 36 points, or 0.1%, the S&P 500 added 0.1%, and the NASDAQ Composite rose by 0.30%.
Tech Stocks Drive S&P 500 and Nasdaq to New Records Amid Federal Reserve Anticipation and Inflation Data | Daily Market Analysis
Key events: UK - Employment Change 3M/3M (MoM) (Apr) UK - Unemployment Rate (Apr) Eurozone - ECB's Lane Speaks USA - 10-Year Note Auction The S&P 500 and Nasdaq closed at new record highs on Monday, as the technology sector led the charge just before the Federal Reserve's interest rate decision and upcoming inflation data. The S&P 500 increased by 0.3% to reach a record 5,362.70, while the NASDAQ Composite climbed 0.4%, and the Dow Jones Industrial Average added 69 points, or 0.2%.