Jim Cramer anticipates that Federal Reserve Chair Jerome Powell's speech at Jackson Hole may signal further interest rate hikes, potentially causing stocks to decline, but advises investors to keep strong companies like Apple and Nvidia and seek opportunities for discounted stocks.
Market optimism around the US economy may decline as recent shifts in the Treasury yield curve indicate a potential trigger for a correction or rapid unwind in positions, with investors closely watching Federal Reserve Chair Jerome Powell's upcoming speech.
Wall Street is cautious ahead of Federal Reserve Chairman Jerome Powell's Jackson Hole speech, with stock futures remaining flat.
Federal Reserve Chair Jerome Powell is expected to signal in his upcoming speech that the Fed plans to maintain its benchmark interest rate at a peak level for a longer period than anticipated, suggesting that any rate cuts are unlikely until well into next year, as the central bank aims to further slow borrowing and spending to reduce inflation.
Stock futures rose slightly ahead of Fed Chair Jay Powell's speech, with investors eagerly awaiting his comments on interest rates and inflation.
Federal Reserve Chair Jerome H. Powell stated in a speech at the Jackson Hole symposium that the central bank is prepared to raise interest rates further if needed, signaling that they do not believe inflation is fully under control. The Fed will proceed cautiously and assess economic data as they determine whether to make further policy adjustments.
Stocks were in positive territory after Fed Chair Jerome Powell expressed the central bank's readiness to raise rates further during his speech at the annual Jackson Hole Economic Symposium.
Stocks gave up gains after Fed Chair Jerome Powell stated that the central bank is prepared to raise rates further, causing investors to adopt a dimmer interpretation of his remarks.
U.S. stocks turned negative as Federal Reserve Chair Jerome Powell's cautious stance on further rate increases raised concerns among investors, while bond yields edged up after his speech at Jackson Hole.
Stocks turn volatile as Jerome Powell hints at more rate hikes, consumer inflation expectations rise, and consumer sentiment and expectations decrease; investors await Powell's speech at the Jackson Hole Economic Symposium.
Stocks fluctuated as Jerome Powell signaled caution on declaring victory over inflation and stated that the Federal Reserve will proceed carefully on whether to raise interest rates again.
The stock market rally attempt experienced a setback as the S&P 500 and Nasdaq saw a downside reversal, indicating that the correction is still ongoing, while retailers faced challenges and Treasury yields reached a 15-year high. Meanwhile, Federal Reserve Chair Jerome Powell warned of potential rate hikes due to high inflation.
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 rise as Wall Street achieves its first winning week since July after Federal Reserve Chair Jerome Powell states that the Fed will proceed cautiously with interest rates.
US equity markets were relatively stagnant last week, with major indexes trading up and down around their 200-day moving averages, indicating a lack of direction and potential resistance, while Treasury markets appeared to stabilize despite an inverted yield curve, suggesting a potential recession on the horizon. Fed Chair Jerome Powell's hawkish speech on Friday emphasized the need for caution and the possibility of higher interest rates, while Nvidia's strong earnings highlighted the company's dominance in the artificial intelligence sector.
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 were lower on Tuesday as September began, with oil prices reaching new highs and Treasury yields rising, putting pressure on the market, while traders awaited more economic data to determine the likelihood of another rate hike from the Federal Reserve.
Stocks on Wall Street are expected to decline as concerns about inflation raise doubts about the Federal Reserve's decision to cut interest rates, while worries about crumbling demand and falling German industrial orders add to the uncertainty.
Stock indexes decline as concerns about future rate hikes and sluggish market performance in September weigh on investor sentiment, with the tech-heavy Nasdaq Composite falling for the third consecutive day and the Dow Jones Industrial Average and S&P 500 on a two-day losing streak.
US stocks dropped on Wednesday as fears of more Federal Reserve rate hikes circulated, with Big Tech names like Apple and Nvidia dragging major indexes lower. Boston Fed President Susan Collins warned that further policy tightening could be warranted, while the Fed's Beige Book indicated softer activity growth and a cooling labor market in July and August.
Stock futures decline as investors express concerns about the Federal Reserve's potential to maintain a restrictive monetary policy due to rising inflation.
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.
Federal Reserve Chair Jerome Powell is expected to maintain a cautious approach and emphasize the Fed's resolve to target inflation and keep interest rates high for an extended period at next week's policy meeting, according to economists. The general consensus among economists is that the Fed will keep rates steady and suggest a possible rate hike later this year while closely monitoring inflation and the labor market.
Investors are becoming increasingly cautious about the US stock market and the economy as 2023 draws to a close, leading to a more defensive investment approach by Wall Street banks and experts warning of potential pain ahead.
Stocks mostly lower as investors await Federal Reserve's interest rate decision and assess new economic data showing easing core inflation and a cooling labor market, with expectations high for the Fed to hold rates steady.
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.
U.S. stocks were lower on Tuesday as oil prices and bond yields rose ahead of the Federal Reserve's interest rate decision, with investors watching for guidance on future rate hikes and inflation threats.
Fed Chair Jerome Powell faces the challenge of managing market expectations of interest rate hikes and addressing rising energy costs leading to inflation, while also leaving room for rate cuts if necessary.
Stocks closed lower on Tuesday due to uncertainty surrounding the Federal Reserve's future policy plans, as rising oil prices and concerns about inflation and interest rates weighed on investor sentiment. The Fed's decision on interest rates is expected to remain unchanged, but there is uncertainty about their next steps.
The dollar strengthens and stocks decline as the Federal Reserve delivers a "hawkish pause" during the Fed meeting, with updates on the interest-rate decision, dot plot, and Jerome Powell press conference.
U.S. stocks slumped after the Federal Reserve indicated that it may not cut interest rates next year as much as initially expected, causing concerns among investors on Wall Street.
Stock futures traded lower as the Federal Reserve held interest rates steady but hinted at the possibility of a rate hike later this year.
Stocks may not be as negatively impacted by higher interest rates as some fear, as the Federal Reserve's forecast of sustained economic growth justifies the higher rates and could lead to increased stock valuations.
Federal Reserve Chairman Jay Powell is facing multiple threats to the economy, including the ongoing United Auto Workers strike, rising oil prices, the resumption of student loan payments, higher long-term interest rates, and a potential government shutdown.
Stock futures decline as Wall Street prepares for the last week of September amidst a drop in the S&P 500 and Nasdaq Composite.
The recent decline in the US equity market is validating concerns about its lopsided nature, with a small number of top-performing stocks leading the market lower and the remaining companies struggling to make gains, potentially exacerbating losses in a rising Treasury yield environment.
Stocks tumbled and fears about the US economy grew as economic data revealed a cloudy outlook and the potential for further interest rate hikes from the Federal Reserve.
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.
The recent stock market declines may indicate that the Federal Reserve's actions could result in future pain for the economy.
The U.S. stock market continues to decline despite oversold conditions, and while there are potential buy signals in certain areas, confirmation is required before taking action.
Stock futures decline as rising geopolitical tensions between Israel and Palestine, along with concerns over inflation and interest rates, add to market fragility.
Escalating tensions in the Middle East and concerns over elevated bond yields have caused a risk-aversion mode in the markets, with Asian shares and regional bond markets experiencing significant declines, while oil prices ease and European stock markets are predicted to open lower; all eyes are now on Fed Chair Jerome Powell's speech later in the day for potential hawkish signals.
Stocks experienced volatility ahead of Federal Reserve Chair Jerome Powell's speech, with tech stocks performing well due to impressive Netflix earnings, but ultimately ending the day with a decline after Powell reiterated concerns about high inflation.
Stocks dropped again on Friday as markets reacted to comments from Federal Reserve Chairman Jerome Powell that increased bond yields, while also paying attention to developments in the Israel-Hamas war.
