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

December S&P 500 futures (ESZ23) are down -0.42%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.65% this morning as Treasury yields jumped after the Federal Reserve signaled interest rates would be higher for longer.

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought

Federal Reserve officials held interest rates steady at their monthly policy meeting on Sept. 20, 2023 – only the second time they have done so since embarking on a rate-raising campaign a year and a half ago. But it is what they hinted at rather than what they did that…

The move suggests that the Fed thinks it has time to wait and see if the 11 rate hikes it unleashed starting in March 2022 will continue to cool rising prices.

The dollar index (DXY00 ) on Wednesday recovered from early losses and rose +0.11%. The dollar on Wednesday opened lower on weaker T-note yields and on strength in stocks that curbed liquidity demand for the dollar. However, the dollar recovered its losses and moved higher after the FOMC's dot plot...

Federal funds rate will remain at the the same level as the central bank announced in July, when it last raised rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks fell on Tuesday’s weak U.S. housing starts...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. Stocks are falling on this morning’s weak U.S. housing...

December S&P 500 futures (ESZ23) are trending down -0.51% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

December S&P 500 futures (ESZ23) are trending down -0.05% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

December S&P 500 futures (ESZ23) are trending up +0.12% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.