admin_apasuwa Stock futures ticked up slightly on Monday, fueled by enthusiasm from last week’s interest rate cut that drove the Dow Jones Industrial Average to a record closing high. Futures for the 30-stock index rose by 27 points, or 0.06%, while S&P 500 futures gained 0.15% and Nasdaq 100 futures increased by 0.22%. The market movements … Read more
Market Update: Intel Gains on Investment Report; GM Slides After Truist Downgrade Futures: Dow up 0.04%, S&P 500 up 0.10%, Nasdaq up 0.17% September 23 (Reuters) – U.S. stock index futures were muted on Monday as investors awaited insights from policymakers and economic data to assess the outlook for interest rates, following the Federal Reserve’s … Read more
Futures Update: Dow up 0.02%, S&P 500 up 0.09%, Nasdaq up 0.16% September 23 (Reuters) – U.S. stock index futures were muted on Monday as investors awaited comments from policymakers and economic data to assess the outlook for interest rates and the health of the economy, following the Federal Reserve’s recent easing cycle. The Fed’s … Read more
Indian Stock Market: The Gift Nifty was trading around the 25,890 level, showing a premium of nearly 100 points over the previous close of Nifty futures, suggesting a gap-up opening for Indian stock market indices. Indian Stock Market: The Indian equity indices, Sensex and Nifty 50, are anticipated to open higher on Monday, continuing the … Read more
U.S. stock markets opened lower on Friday, September 20, as investors took a step back following a surge in the previous session, which was driven by the Federal Reserve’s significant 50 basis point rate cut on Wednesday. U.S. stock markets opened lower on Friday, September 20, as investors took a cautious approach following a jump … Read more
Oil prices found support at the start of the week due to “Fed optimism, Middle East tensions, and potentially a boost from the People’s Bank of China’s decision to cut its 14-day reverse repo rate by 10 basis points, injecting liquidity into the financial system,” noted Ipek Ozkardeskaya, senior analyst at Swissquote Bank. Economists indicated … Read more
New York, CNN — Federal Reserve Chair Jerome Powell is typically known for signaling the central bank’s next interest rate move to prevent market turmoil. However, this week, Wall Street was largely unprepared for the size of the rate cut announced on Wednesday. What made this situation different? The Fed implemented a surprising half-point cut, … Read more
The market will certainly take note of any outliers. However, the main issue is that expectations for rate cuts are overly optimistic. Futures are currently pricing in a 40% chance of a 50 basis point cut in November, which I believe is neither necessary nor realistic,” says Mark Matthews of Julius Baer. Since the Fed’s … Read more
Key Points: In an open letter from National Security Leaders for America, 741 bipartisan former national security officials endorsed Harris for president, labeling Trump as “impulsive and ill-informed.” The letter was signed by prominent figures, including former Secretaries of State Hillary Clinton and John Kerry, as well as Republican Secretaries of Defense Chuck Hagel and … Read more
Key Points: The U.S. Secret Service admitted Friday that it was responsible for the near-assassination of former President Donald Trump at a July campaign rally, citing “complacency” among some agents and communication failures with local police. “This was a failure on the part of the United States Secret Service,” said Acting Director Ronald Rowe during … Read more