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Stocks Mixed Ahead of Fed as Oil Pressures Inflation, Recession Fears Loom

  • Wall Street drifting ahead of Fed meeting as oil prices keep rising and add pressure on inflation. S&P 500 down slightly while Dow up slightly.
  • Traders expect Fed to keep rates steady at meeting but attention is on forecasts for future hikes and cuts. Question is how much and how fast Fed will cut rates next year.
  • Higher oil prices complicating inflation outlook. Brent crude and U.S. crude both up and fueling consumer price increases.
  • Recession fears persist despite solid economy and job market. Warning signals include bond yield curve inversion and leading economic indicators.
  • On Wall Street, Clorox down on cyber attack disruptions, Steel Dynamics warns of lower summer profit, Ford and GM fall amid UAW strike.
apnews.com
Relevant topic timeline:
Stock markets worldwide experience declines amid concerns over the Chinese property market, rising US bond yields, and poor economic data in China and the UK.
Oil prices fall on weak economic data and anticipation of US Federal Reserve Chair Jerome Powell's speech on interest rates. Concerns about global demand and rising supply, along with disappointing manufacturing data, contribute to the downward pressure on oil prices. Additionally, Iran's oil output is expected to increase and the US is considering easing sanctions on Venezuela's oil sector.
Oil prices fell as U.S. labor market data indicated tight conditions, potentially leading to further interest rate increases by the Federal Reserve, overshadowing concerns of weakening demand and rising inventories.
Oil prices slightly decrease as concerns over China's economic growth and potential U.S. interest rate hikes weigh on fuel demand.
Wall Street is experiencing small gains and losses as investors await economic news, including an inflation indicator and more jobs data; markets rallied after consumer confidence dropped in August and job openings fell, potentially reducing inflation and deterring the Fed from raising interest rates.
Wall Street rises ahead of new inflation and jobs data that could impact Federal Reserve's policy decisions, as futures for the Dow Jones and S&P 500 increase, while Dollar General falls 16% and software company Salesforce rallies 6% in premarket.
Bitcoin and other cryptocurrencies are experiencing a decline as analysts predict further decreases ahead.
Wall Street closed August with declines, marking the worst month for the Dow, S&P 500, and Nasdaq Composite since earlier this year, while weak economic data and a cooling labor market have raised hopes that the Fed will maintain interest rates and provide growth opportunities for growth stocks like NVIDIA, Caterpillar, Amazon, Splunk, and Royal Caribbean Cruises.
Stocks fell on Wall Street as concerns about inflation and weakening global demand weighed on investor sentiment, raising doubts about the Federal Reserve's plans to cut interest rates.
Wall Street's major averages slumped due to a fall in Apple shares, concerns over elevated oil prices, and worries about the impact of inflation, while an unexpected rise in a key U.S. services activity gauge raised concerns about higher interest rates.
Stock futures decline as investors express concerns about the Federal Reserve's potential to maintain a restrictive monetary policy due to rising inflation.
The recent decline in the price of Bitcoin has raised concerns of a larger market downtrend, with Ethereum and Ripple also at risk of falling if Bitcoin weakens further.
Stocks declined amid speculation that US inflation data will show persistent price pressures, increasing the likelihood that interest rates will remain elevated; market focus is on the US consumer price report.
Wall Street finished the week with a decline in stocks, as the S&P 500 posted its second consecutive losing week, with technology and retail sectors contributing to the slide, while investors await the upcoming Federal Reserve interest rate policy meeting.
Wall Street fears that the Federal Reserve will push out the timing for rate cuts next year, sparking concerns of a hawkish pause and increasing selling pressure, despite a trend of rapid disinflation and the potential for a higher neutral interest rate.
Asia-Pacific markets are expected to continue declining as investors wait for China's loan prime rates and the U.S. Federal Reserve's rate decision, while oil prices rise due to supply concerns and all 11 sectors in the S&P 500 trade down.
Wall Street stocks moved lower as the Federal Reserve announced its decision to keep interest rates steady for now but forecasted one more rate hike in the near future.
Bitcoin and other cryptocurrencies experienced a decline after the Federal Reserve decided not to raise interest rates, suggesting that significant gains may not be anticipated in the near future.
Markets on Wall Street are expected to open with losses after the Federal Reserve suggests it may not cut interest rates next year by as much as previously thought, leading to a decline in futures for the S&P 500 and Dow Jones Industrial Average; uncertainty surrounding inflationary indicators and high rates is a major concern for traders moving forward.
The stock market's decline has intensified recently, leading to concerns about how far it could fall.
Stock futures decline as Wall Street prepares for the last week of September amidst a drop in the S&P 500 and Nasdaq Composite.
Wall Street struggles as the Federal Reserve's interest rate strategy and imminent government shutdown cause uncertainty, while oil price rally raises concerns about inflation and potential rate cuts.
Oil prices fell as concerns about lower fuel demand due to higher interest rates overshadowed expectations of tight supply, leading to the possibility of an economic recession dominating the oil market's movement.
Stock futures decline and Treasury yields rise as Wall Street believes the Federal Reserve will keep interest rates higher for longer.
The recent decline in the stock market is overshadowed by the more significant drop in US and foreign bond markets, indicating a fundamental shift in perception and a signal of higher interest rates globally.
Wall Street falls despite bond market pressure easing, with stocks on track for their fifth drop in six days as the market comes to terms with the Federal Reserve's decision to keep interest rates high, causing yields in the bond market to rise and undercutting prices for stocks and other investments.
Wall Street's decline due to high U.S. bond yields is expected to impact Asian markets, which will be further influenced by the Bank of Thailand interest rate decision, Australian consumer price inflation, and Chinese industrial profits.
Wall Street remains steady after a sharp decline in September, with the market experiencing small gains and losses as the S&P 500 remains unchanged; pressure continues from the bond market as yields rise, leading to downward pressure on stock prices.
Wall Street turned lower as concerns over interest rates, rising oil prices, and a possible government shutdown weighed on the market, with the Dow Jones and S&P 500 both experiencing losses.
Wall Street stocks slipped as investors reviewed data on the US economy, with the S&P 500 and the Dow Jones Industrial Average trading slightly lower, and the Nasdaq Composite dropping further; the 10-year Treasury yield continued to rise, and oil prices turned lower after hitting new highs.
Investors are concerned about the recent stock market decline due to surging oil prices, rising bond yields, and worries about economic growth, leading to a sell-off even in major tech companies and potentially impacting President Biden's approval ratings.
Stocks on Wall Street are drifting as higher interest rates continue to impact the market, with the S&P 500 remaining largely unchanged and the Dow Jones down slightly, as investors grapple with the prospect of high inflation and the Federal Reserve's efforts to lower it.
The start of October saw oil prices decline due to factors such as a strong dollar, weak economic data from Europe, and the potential for another OPEC+ policy change.
Wall Street is drifting due to pressure from the bond market and concerns about a hot U.S. job market, while oil prices continue to drop, causing uncertainty in the market.
The recent stock market declines may indicate that the Federal Reserve's actions could result in future pain for the economy.
Oil prices are falling, providing some relief to the bond blowup caused by rising interest rates, but the direction of markets will be determined by the upcoming U.S. employment report.
Stock markets are wavering as investors anticipate another rate hike by the US Federal Reserve, fearing its impact on the global economy, however, recent inflation data suggests that inflation is declining and consumer spending is rising.