The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. U.S. stocks this morning are mixed, with the S&P...

The market rally kept powering higher despite a hawkish Fed rate-hike outlook. But the Nasdaq is looking extended.

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.50%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.79%. U.S. stock index futures this morning are moderately lower on concern major central banks will keep interest rates higher for longer to contain inflation. The...

June S&P 500 futures (ESM23) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.57% this morning after three major U.S. benchmark indices finished the regular session mixed as hawkish signals from the Federal Reserve weighed on sentiment, while investors also awaited key U.S. retail sales data.

The U.S. may not have to sacrifice the economic gains achieved in the pandemic recovery.

The Fed stood pat on interest rates this time around but the central bank's hawkish outlook made for a volatile afternoon.

After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.

The Dow Jones fell ahead of the Fed's expected "hawkish pause" and chair Powell's remarks after inflation dropped. Facebook parent Meta, AMD rose in AI rally.

The Dow Jones fell Wednesday after key inflation data. The Fed's interest rate decision and Fed Chair Powell's comments are later today.