Disclaimer: Whenever I lean on my finance degree to talk about the stock market it is obviously not financial advice The Federal Reserve cut interest rates by a quarter point yesterday, continuing their policy pivot away from the higher for longer…
A television station on the floor of the New York Stock Exchange broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee meeting on Dec. 18, 2024. Michael Nagel | Bloomberg | Getty Images…
The Australian stock market has recently experienced a downturn, with the ASX200 down 1% and sectors like Discretionary and Financials leading the decline. However, Utilities and Energy have shown resilience, highlighting opportunities within specific industries despite broader market challenges. In…
HONG KONG (AP) — Asian shares were mixed Friday as markets awaited U.S. personal spending data for November that are due later in the day. U.S. futures and oil prices fell. Tokyo’s Nikkei 225 index was unchanged at 38,810.26 after…
Breakout stocks to buy or sell: Following the weak global market sentiments after the US Fed meeting outcome falling in line with the market expectations, the Indian stock market ended lower for the fourth straight session on Thursday. The Nifty…
Wall Street closed lower on Wednesday in a broad-based decline. Stocks took a deep dive after the central bank indicated it would take a far more cautious path in cutting rates in 2025. The three most widely followed indexes closed…
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE U.S. stock futures fell on Thursday evening as traders anticipated the latest reading of the Federal Reserve’s favorite inflation gauge. Futures tied to the Dow Jones Industrial…
Indexes were mixed Thursday as investors struggled to regain footing after Wednesday’s big sell-off. The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years. The S&P 500 and the Nasdaq dipped again,…
Stocks surged at the open but were unable to sustain their gains a day after the Federal Reserve cut interest rates with hawkish intent, though the Dow Jones Industrial Average closed in the green for the first time since December…
Capitalist Pig hedge fund manager Jonathan Hoenig reacts to the market selloff after the Fed projected fewer rate cuts in 2025 on The Big Money Show. House GOP leaders are scrambling to reach a deal to avert a partial government…