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Trump's Tariffs Threaten Canada, Mexico, China — And American Wallets
Monday, March 3, 2025 - 4:33pm | 574Read More...U.S. President Donald Trump is preparing to slap tariffs on America’s largest trading partners despite rising signs of an increasingly less stable economy. What To Know: Trump has announced plans to impose 25% tariffs on imports from Canada and Mexico, as well as 20% tariffs on China,...
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Wall Street Set To Start New Week Sharply Lower As Traders Brace For Key Economic Data And Fed Minutes: Why Strategist Sees Market Consolidating In Near Term
Monday, October 7, 2024 - 6:41am | 1641Read More...U.S. stock futures are headed lower on Monday after the jobs data-induced strength seen in the final session of last week. The mood has been rendered cautious as traders await a few key first-tier economic data and the minutes of the Federal Reserve’s September rate-setting meeting. The...
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Nasdaq, S&P Futures Sag As Downside Risks Intensify, Oil Spikes, Nike Slides: Why This Strategist Is Expecting 'Stronger' Second-Half Of October
Wednesday, October 2, 2024 - 6:59am | 1117Read More...U.S. stock futures are slipping early Wednesday after Middle East tensions and the impact of Hurricane Helene set off worries and dragged the major indices in the previous session. These added concerns sapped risk appetite that was on the wane amid the overbought levels of the market, lingering...
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S&P 500 Eyes 6th Straight Win, But Investor Sentiment Remains Cautious Ahead Of Data Deluge, Walmart Earnings And Other Key Events
Thursday, August 15, 2024 - 7:29am | 1533Read More...U.S. stocks are on track for a modestly higher start on Thursday, with the S&P 500 looking to extend the winning streak to six sessions. The ultimate trading direction of the day could hinge on a slew of key data, due for the day, pertaining to the job market, consumer spending and...
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Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics
Thursday, July 11, 2024 - 7:03am | 1440Read More...The futures market on Thursday reflected jitteriness as traders awaited the all-important consumer price inflation data. The broader market is amid a multi-session winning run and has been breaking records session after session, sending the valuation of especially some mega-cap stocks to...
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Fed Members Cool On Raising Interest Rates: 'These Conditions Could Take Months, And More Likely Quarters To Play Out'
Tuesday, June 18, 2024 - 6:10pm | 1624Read More...Members of the Federal Reserve have indicated that they are in no rush to raise interest rates in speeches given on Tuesday. “We’re Clearly On The Backside Of Inflation“ Federal Reserve Bank of Richmond President Thomas Barkin said he needs to see more progress in getting...
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Wall Street Looks Jaded After Record Run As Traders Shift Focus To Retail Sales Data, Fed Speeches: 'FOMO Still Rules The Market For AI-Related Stocks,' Says Analyst
Tuesday, June 18, 2024 - 7:30am | 1559Read More...Tech optimism hasn’t worn out yet, with the Nasdaq futures pointing to a strong start for these stocks, while the Dow and S&P 500 futures were modestly lower. Sentiment going into the session will largely hinge on the retail sales report that is due ahead of the market open and a slew of...
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NY Fed Alum Alberto Musalem Becomes New St. Louis Fed President
Friday, January 5, 2024 - 9:29am | 518Read More...In a recent development, the St. Louis Federal Reserve has named Alberto Musalem as its new president, following the unexpected resignation of James Bullard. What Happened: The regional bank announced on Thursday that Musalem, 55, an economist and former New York Federal Reserve staff, will replace...
