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

The Dow Jones fought back after the Fed Minutes release. Microsoft stock tumbled but Tesla stock rose. GE stock popped after a spinoff.

Federal Reserve officials suggested at their most recent meeting that a continuing streak of robust hiring could keep inflation elevated and was a key reason why they expected to raise interest rates this year more than they had previously forecast

The Fed may need to raise rates by even more than financial markets are currently pricing in.

The stock market plunged on the first trading day of the year as rising rates and high inflation continued to make investors anxious. Moreover, experts predict the headwinds from the last year to prevail in 2023 as well. Despite the uncertainties, investors could consider buying the quality ETF, JPMorgan Ultra-Short…

The stock market reversed into midday Wednesday, with major indexes pulling higher.

The stock market witnessed significant volatility due to macroeconomic headwinds last year. While the market could remain under pressure in the near term, strong momentum stocks TotalEnergies (TTE), North American Construction (NOA), and Overseas Shipholding (OSG) might be able to sustain their gains, given their solid fundamentals. Therefore, these stocks…

Many market pundits expect a recession in 2023 as policymakers continue raising interest rates to cool the economy and quell inflation. Retirees looking for stable passive income might consider adding fundamentally sound dividend-paying stocks, Walmart (WMT), Kellogg Company (K), and Cardinal Health (CAH), to their portfolios now. Keep reading….

Asian stock markets are higher ahead of the release of minutes from a Federal Reserve meeting that investors hope might show the U.S. central bank is moderating its plans for more interest rate hikes to cool inflation

Australian shares have rebounded from a two-month low, despite losses on Wall Street as shares of Apple and Tesla slumped, while FTX founder Sam Bankman-Fried pleads not guilty to fraud charges.

Stock market indexes gave up early gains on the first trading day of 2023. Tesla and Apple plummeted. Gold rallied.

The alarmingly high inflation and the consistent interest rate hikes by the Fed have caused immense pressure in the stock market, leading to certain fundamentally strong stocks declining considerably in price. We think this could be the right time to scoop up quality stocks Microsoft Corporation (MSFT) and Xperi (XPER),…