The Latest Breaking News from US Federal Reserve

This coming week is pretty news-heavy with PCE and GDP all due out. In addition, there are several fed speakers at some odd times which can cause some volatility in the market.

As a new quarter approaches, investors are eager to see if fresh capital will flow into the stock market. With economic indicators showing mixed signals and the Federal Reserve pausing, market participants closely watch for signs of renewed investment. Will the promise of cooling inflation and a potential easing cycle…

Growth stocks offer significant returns and capital appreciation over time because they tend to outperform during periods of economic expansion. Thus, it could be wise to invest in fundamentally sound growth stocks Workday (WDAY), Veeva Systems (VEEV), and DocuSign (DOCU), which have robust earnings potential. Read on….

The S&P 500 index’s 2024 rally continued in June as solid corporate earnings outweighed concerns over slower economic growth and a potential delay in the Fed’s pivot to interest rate cuts. Further, several Wall Street strategists raised their year-end S&P 500 price targets. Hence, top-performing S&P 500 stocks Amazon.com (AMZN),…

The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. Stock indexes today are mostly lower. Weakness in chip stocks today is weighing on...

Asian shares are mostly lower after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. Stock indexes settled mixed on Thursday, with the Dow Jones Industrials posting a 4-week...

The dollar index (DXY00 ) Thursday rose by +0.34%. Higher T-note yields Thursday strengthened the dollar’s interest rate differentials and supported the dollar. Also, hawkish comments Thursday from Minneapolis Fed President Kashkari were bullish for the dollar when he said it would likely take a year or two for the...

This marks the third consecutive week of declining mortgage rates, which have largely remained around 7% since April.