Hints and tips:
Related Special Reports
...The S&P 500 rose 1 per cent as US stocks and Treasuries rallied after US Federal Reserve chair Jay Powell said it was unlikely the Federal Reserve’s next policy move would be an interest rate increase....
...Jay Powell, the central bank’s chair, confirmed what many have suspected for some time: interest rate cuts in the world’s biggest economy are not imminent....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...In today’s newsletter: Mnuchin profits from NYCB crisis A look at the ‘eccentric’ company behind Temu Trump’s Treasury secretary finds opportunity in NYCB’s rescue Steven Mnuchin is on track to earn...
...The S&P 500 closed at record high for the second session in a row after Federal Reserve officials maintained projections to cut interest rates by 0.75 percentage points this year....
...The S&P 500 gained 1 per cent to reach its 16th record high of 2024, with all sectors of the index closing higher. The Nasdaq Composite rose 1.5 per cent but just missed setting a new peak close....
...But their reaction on Wednesday to the Fed’s announcement was far from disappointment, with a sharp rise in equities feeding a rally that has added 27 per cent to the S&P 500 since October....
...The S&P 500 slipped 0.1 per cent in the final trading session of the week but the index gained 2.3 per cent since last Friday’s close, after Federal Reserve chair Jay Powell on Wednesday indicated a preference...
...Although the tech-heavy index missed out on setting a new peak close by just 1.6 index points, it managed to notch a record intraday high....
...“Are we going to get to a point where we have to think about hiking [rates]? I don’t see it happening in the immediate future,” said Steven Blitz, chief US economist at TS Lombard....
...US stocks held steady as investors brace for signals from Federal Reserve chair Jay Powell on the outlook for interest rates....
...The S&P 500 was up 1 per cent by mid-afternoon in New York, led by strength in the consumer cyclical and real estate sectors....
...Tech stocks, which played a leading role in propelling the S&P 500 to a record high in January, fell on Wednesday....
...US stocks closed lower, completely reversing a mid-afternoon rally that took place during Federal Reserve chair Jay Powell’s post-meeting press conference....
...US stocks on Wednesday notched a four-day losing streak for the first time since the start of 2024. Wall Street’s S&P 500 index fell 0.6 per cent, with technology the worst-performing sector....
...US stocks closed lower for the third session in a row on Tuesday after Federal Reserve chair Jay Powell warned interest rates are likely to stay at current levels for “longer than expected” to tame inflation...
...A blowout quarter was poised to end with a whimper on Thursday as investors chose to hold off bets ahead of fresh inflation figures and comments from Fed chair Jay Powell....
...US stocks on Wednesday notched a four-day losing streak for the first time since the start of the year. Wall Street’s S&P 500 index fell 0.6 per cent, with technology the worst performing sector....
...US stocks staged a relief rally on Wednesday after Federal Reserve chair Jay Powell signalled a preference to cut rates by three-quarters of a percentage point this year. Read more here...
...The benchmark S&P 500 was up 0.3 per cent in Wednesday afternoon trading in New York, on course for its first gain this week....
...One exception can be found in the work of the researcher Steven Jay Gross of Temple University....
...“It is likely to take longer for us to gain confidence that we are on a sustainable path down to 2 per cent inflation,” Fed chair Jay Powell said during a news conference after the announcement....
International Edition