Bank of America believes that the stock market will continue to rise as investors' bullish sentiment contradicts their conservative portfolio positioning, suggesting there is still upside potential until hedge funds increase their exposure to cyclical and high-beta stocks and economic conditions deteriorate considerably.
U.S. stocks are set to open higher as investors await fresh labor data that could impact the Federal Reserve's interest-rate decision.
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.
The gold market remains steady despite stable inflation pressures, suggesting that the US central bank may be able to end its tightening cycle.
Higher interest rates are impacting corporate profits, but stock prices remain steady for now.
Despite a decline in August, the US market is still in good shape, with a correction in stocks being viewed as a normal breather rather than the start of a bear market, while various trends and indicators suggest a continuation of the bullish trend.
US labor market remains strong despite signs of better balance, with future interest rate decisions dependent on incoming data, says Federal Reserve Bank of Cleveland President Loretta Mester.
The dollar remains steady as US jobs data indicates a cooling economy and suggests that the Federal Reserve may be nearing the end of its tightening cycle.
The U.S. dollar drifted in cautious trading as investors considered U.S. jobs data that indicated a potential slowdown, suggesting that the Federal Reserve may be nearing the end of its monetary tightening cycle.
US stocks traded mixed on Thursday as fresh data indicated a tight labor market, with weekly jobless claims unexpectedly falling and second-quarter unit labor costs being revised up, potentially increasing pressure on the Federal Reserve to keep rates higher for longer.
Global shares stabilize as the dollar continues to strengthen and investors anticipate that central banks will keep interest rates unchanged over the next two weeks.
Stock indices finished today’s trading session in the green, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all gaining, while the energy sector fell and the consumer discretionary sector led; individuals held a relatively steady stance on inflation expectations but had growing concerns regarding employment prospects and obtaining credit, according to a report from the Federal Reserve Bank of New York, while Treasury Secretary Janet Yellen expressed confidence in the stability of the U.S. economy, citing controlled inflation and positive employment trends.
Despite the pressure on the market, the major US equity indexes have held steady near their recent highs, with the S&P 500 up 16.21% year to date and the Nasdaq Composite up 31.6%, raising questions about whether the current market weakness is due to seasonality or potentially something more significant like inflation.
Stocks rise as reports suggest the US economy is strong, but inflation remains a concern.
US stock futures were mostly steady as the major indexes aimed to extend gains from Thursday's rally, while positive economic data from China and strong performance from British chipmaker Arm added further support.
Stock markets pause as traders await next week's Federal Reserve interest rate decision and keep an eye on economic data and the impact of the partial strike by the United Auto Workers.
US stocks slumped as reports of China's recovering economy caused concern, potentially impacting global stock exchanges, while the US auto workers' strike and oil price rallies also contributed to market fluctuations.
Traders and investors are betting that the Federal Reserve will hold interest rates steady at its September meeting, indicating a shift in the market's interpretation of good economic news, as it suggests the Fed may be close to pausing its rate hike cycle despite inflation being above target levels and potential headwinds in the economy.
The Federal Reserve is expected to keep its key interest rate steady in its upcoming meeting and provide insights on the duration of high interest rates.
The bull market in stocks remains strong despite various concerns, as indicated by the low CBOE Volatility Index (VIX) and rising corporate earnings estimates.
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.
The Fed is expected to hold interest rates steady, while the UAW strike against automakers continues and other labor unions push back against the ownership class; negotiators from the White House are being sent to help resolve the autoworkers' impasse, and other events such as earnings reports and IPOs are also taking place.
Global stock markets were mostly steady as traders awaited the Federal Reserve's September meeting, while Asia-Pacific markets saw some declines due to concerns over inflation.
U.S. Treasury yields remained steady as investors awaited fresh economic data and the conclusion of the Federal Reserve's September meeting, with expectations of unchanged interest rates but uncertainty about future policy.
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.
The Federal Reserve is expected to hold its benchmark lending rate steady while waiting for more data on the impact of previous rate hikes on the US economy, but there is still a possibility of another rate increase in the future.
US stocks slumped as investors prepare for the Federal Reserve's upcoming interest rate decision, with all three benchmark indexes ending the day lower.
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 are expected to open lower and the dollar is soaring after the Federal Reserve indicated that interest rates will remain higher for a longer period, while the Bank of England faces a tough rate decision and the Swiss National Bank has paused its rate-hiking cycle.
Bitcoin and other cryptocurrencies remain stable or slightly higher despite turbulence in the stock market, but this calm may not last.
U.S. Treasury yields remained stable as investors monitored economic reports and expressed concerns about the future of monetary policy and high interest rates.
U.S. stock futures remain steady as Wall Street faces a slump in September; Micron shares fall after wider-than-expected loss forecast; Meta Platforms unveils new AI-powered products; Evergrande share trading suspended; Oil prices dip after surge in crude stock.
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.
U.S. stocks showed mixed performance as Treasury yields rose and a government shutdown was averted, with the Dow Jones Industrial Average down 0.6%, the S&P 500 down 0.3%, and the Nasdaq Composite up 0.4%.
Investors should remain bullish on US large cap stocks due to several factors, including the S&P 500's strength, high cash yields driving consumer spending, a strong economy, favorable stock valuations despite high interest rates, and relatively cheap equal-weighted stocks.
The US labor market remains strong as jobless claims hold steady, with initial filings for unemployment benefits slightly above estimates, continuing claims unchanged, and the four-week moving average of claims decreasing, putting pressure on the Federal Reserve to carefully consider future monetary policy.
Stocks slip as U.S. crude futures drop and mortgage rates climb, while investors await payroll data for signs of a slowing job market; electric vehicle stocks like Rivian and Lucid are making moves, and the U.S. Dollar Index rises for its 12th consecutive week. European stocks close mixed, and utilities stocks see their worst year in over a decade due to higher bond yields.
US bank stocks are currently the market's Achilles' heel, as they need to participate in any recovery rally in order to validate the notion that higher interest rates won't lead to a recession next year.
The dollar remains steady as U.S. producer prices show a moderation in inflation, leading to speculation that the Federal Reserve is done with interest rate hikes.
Stocks rise as investors digest earnings from big banks and focus on the outlook for interest rates and bond yields; oil prices continue to climb due to tensions in the Middle East.
U.S. stocks are set to end higher as investors shift their focus to the upcoming third quarter earnings season, while bond prices decline; cryptocurrencies gain attention with bitcoin rising, and major companies like Goldman Sachs, Johnson & Johnson, Netflix, and Tesla prepare to release their quarterly results.
Dow Jones, S&P 500, and Nasdaq futures remained steady, with stocks rebounding off lows despite tightening U.S. restrictions on AI chip exports to China and surging Treasury yields; Tesla and several other stocks are on the watchlist as they approach buy points.
