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Markets Are 'Ripe For Negativity,' But Financial Expert Urges Investors To 'Pick Up Some Deals'
Monday, August 5, 2024 - 1:46pm | 732Financial markets are poised for a bumpy ride as they face a series of recent events that have led to a major selloff, analysts say. On Thursday, the Federal Reserve held off on cutting rates and then a cooler-than-expected U.S. jobs report landed on Friday while Iran threatened to attack Israel....
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US Stocks Sink, VIX Soars As Overheated Economy, Mixed Earnings Complicate Fed's Path: What's Driving Markets Thursday?
Thursday, October 26, 2023 - 1:54pm | 1284Wall Street experienced a significant downturn Thursday as volatility surged, triggered by a shift in risk sentiment following a combination of mixed earnings reports and stronger-than-predicted economic data, with the latter reviving concerns for an additional rate hike down the road. The U.S....
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A Fed Rate Hike Is All But Certain This Week: 2 Phrases In The FOMC Statement May Be What Moves The Market
Monday, May 1, 2023 - 12:05pm | 710The Federal Open Market Committee (FOMC) is widely expected to issue at least one more 0.25% interest rate hike at the conclusion of its meeting on Wednesday. The rate hike itself will likely not move financial markets much, but the language the FOMC uses in its policy statement could be a major...
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What 7.4% PPI Inflation Means For Investors: 'It Is Likely The Fed Will Move Ahead With Their Plans'
Friday, December 9, 2022 - 11:07am | 533The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations. The PPI climbed 0.3% compared to October, exceeding the 0.2% monthly increase economists...