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Markets Dip, Signaling Pause In Rally As Focus Shifts To Next Week's Fed Decision: Analyst Says Brace For More Volatility Near Term
Friday, March 17, 2023 - 1:07pm | 1073Risk aversion escalated on Wall Street Friday, with all major indices trading in the red, as investors remain skeptical about the stability of the banking sector in the wake of recent turmoil in the U.S. and Europe. Cues From Friday's Trading: First Republic Bank (NYSE: FRC) plummeted...
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Inflation Expectations Begin To Fall As Consumer Sentiment Rises In September
Friday, September 16, 2022 - 12:53pm | 457After the headline Consumer Price Index (CPI) rose 8.3% in August, down from 8.5% in July, the SPDR S&P 500 (NYSE: SPY) started trending lower, heading towards June's lows. Although inflation has shown signs of weakening on the energy front as the energy index has declined by 9.6% in the...