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Stocks Rebound as Fed Meets, Instacart Goes Public

  • Stocks recovered losses Tuesday as Fed meeting began and Instacart went public
  • Focus is on what Fed Chair Powell says about future rate hikes at this week's FOMC meeting
  • Instacart began trading on Nasdaq, quickly rising 40% above IPO price before paring gains
  • Oil prices slipped Tuesday after hitting fresh 2023 highs on Monday
  • UAW strike continues with workers held out of more auto plants if no progress made by Friday
yahoo.com
Relevant topic timeline:
Stocks rebounded on Monday, with the Nasdaq Composite leading the way, breaking its four-day losing streak and pushing Wall Street into positive territory, while bond yields continued to rise.
Stocks rebounded after Fed Chair Jerome Powell indicated that the central bank is prepared to raise interest rates further, providing a cautious but ultimately optimistic outlook on the economy.
Stocks were relatively unchanged on Tuesday as investors prepared for a wave of economic data, including updates on consumer confidence and job openings, which could impact expectations for future interest rate hikes from the Federal Reserve.
Stocks inched slightly upward Friday, with the Nasdaq rebounding from an Apple-induced slide, as the Federal Reserve hinted at a possible delay in interest rate hikes, while concerns about rising energy prices and Chinese curbs on the use of the iPhone impacted markets.
Stocks finished mixed on Wednesday as investors awaited consumer inflation data that could impact the Federal Reserve's future policy decisions. The Dow Jones fell 0.2%, the S&P 500 increased 0.1%, and the Nasdaq Composite climbed 0.3% after a previous decline. The Consumer Price Index showed a higher-than-expected increase in inflation, driven by rising energy prices, which could influence the Fed's decision on interest rates. The market also had its eyes on the Arm IPO and developments involving Apple and China. Meanwhile, the EU launched an investigation into China's subsidies for EV makers.
Stocks traded flat on Monday as investors focused on the upcoming Federal Reserve meeting where the central bank will issue its next interest rate decision, with expectations of a rate hold solidifying and a 99% probability that the Fed will pause its rate hikes.
The stock market weakened slightly as investors remain uncertain ahead of the Federal Reserve's meeting this week, with eyes on the tone taken by Federal Reserve Chair Jerome Powell during the post-meeting media conference.
Stocks closed relatively unchanged on Monday as investors await the upcoming Federal Reserve meeting, which will determine the central bank's next interest rate decision, amidst easing core inflation and a cooling labor market.
Stocks slip as investors await the Federal Reserve's policy meeting and the start of Instacart's IPO trading, with focus on interest rates and inflation.
US stocks slumped as investors prepare for the Federal Reserve's upcoming interest rate decision, with all three benchmark indexes ending the day lower.
Stocks set for a slight recovery after steep losses fueled by concerns about higher interest rates and a possible government shutdown; futures for S&P 500, Dow Jones, and Nasdaq 100 all show gains.
Stocks retreated on Friday as Wall Street digested the release of the Federal Reserve's preferred inflation gauge, which showed a cooling in inflation and could impact interest rate expectations.
Bankers and investors are hopeful for a recovery in the IPO market after a busy September that saw a surge in major market debuts, although they expect a gradual reopening rather than a flood of new deals.
Stocks started the new month and quarter quietly despite the passing of a spending measure to fund the government through mid-November, with rising Treasury yields and hawkish commentary from the Federal Reserve pulling the benchmarks off their highs.
Stocks on Wall Street experienced a selloff as rising Treasury yields and hawkish comments from Federal Reserve policymakers put pressure on investors and dampened appetite for stocks, with the S&P 500 and Dow Jones Industrial Average both dropping around 1.1% and the Nasdaq Composite down over 1.5%; however, stocks somewhat recovered from their lows in midday trading as investors digested fresh comments from Cleveland Fed President Loretta Mester.
Wall Street stocks recover as bond yields ease and investors brace for fallout from House Speaker ouster.
Stocks on Wall Street rose on Tuesday as investors were hopeful that the Federal Reserve is done with interest rate hikes, although caution remained due to the escalating Middle East conflict.
Stock markets have rebounded in the last two days following the Israel-Hamas conflict, as investors expect the skirmish to remain contained within the region and not impact crude prices.
US stocks regained momentum on Wednesday as investors assessed hotter-than-expected inflation data and awaited the release of the Federal Reserve minutes, while the Dow Jones Industrial Average finished up 0.2% and the Nasdaq Composite put on roughly 0.7%.