The Latest Breaking News from US Federal Reserve

The dollar index (DXY00 ) on Wednesday rose by +0.34%. Stronger-than-expected U.S. economic news Wednesday on weekly jobless claims and University of Michigan U.S. Nov consumer sentiment and inflation expectations supported moderate gains in the dollar. Also, higher T-note yields on Wednesday strengthened the dollar’s interest rate differentials. U.S. economic...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.56%. Stocks this morning are moderately higher, with the S&P...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.24%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.38%. Stock index futures are mildly higher on some positive corporate news. Nvidia is up more than +1% in pre-market trading, recovering from a -5% drop after investors...

The central bank officials have recently expressed little interest in cutting rates anytime soon. With the recent Fed meeting minutes suggesting a continuation of a “restrictive” policy, rates will likely remain higher for longer. In this piece, I have discussed how the U.S. banking industry is expected to perform amid…

December Nasdaq 100 E-Mini futures (NQZ23) are trending up +0.34% this morning as U.S. Treasury yields continued to fall, with investors digesting earnings from chip designer Nvidia and bracing for a slew of U.S. economic data ahead of the U.S. Thanksgiving holiday.

Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells

December Nasdaq 100 E-Mini futures (NQZ23) are trending up +0.12% this morning as U.S. Treasury yields continued to fall, with investors digesting earnings from chip designer Nvidia and bracing for a slew of U.S. economic data ahead of the U.S. Thanksgiving holiday.

Shares are mostly lower in Asia after Wall Street’s rally ran out of momentum

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.58%. Stocks on Tuesday posted moderate losses as some disappointing...

Burlington was a big winner on the earnings front, while Kohl's slumped after its results.

The dollar index (DXY00 ) on Tuesday rose by +0.12%. The dollar on Tuesday recovered from a 2-1/2 month low and posted modest gains. The dollar found support from the Oct 31-Nov 1 FOMC meeting minutes, where policymakers saw interest rates remaining restrictive for “some time." The dollar on Tuesday...