Tech stocks led today’s gains days before the FED’s big meeting decisions. The Wall Street stock market rallied back after Tuesday’s losses due to Walmart’s disappointing second-quarter earnings results. Tech stocks led today’s gains, and the tech-heavy Nasdaq index jumped by 2.46%. The S&P 500 gained 1.47%, while the Dow Jones Industrial Average gained 0.58%. […] More
Wall Street bounced back as fears of a 100bp Fed interest hike grew, living the housing market’s future bearish Major corporations came in positively after releasing the second quarter financial reports. Despite the inflationary pressures and the aggressive interest hikes, the Wall Street index ended today’s session positively, erasing the past week’s losses. Hours after […] More
Wall Street posted gains after a positive second-quarter earnings report despite market slowdown concerns. Between all that’s going on, the highest inflation increase since 1981. The war between Russia and Ukraine and the Euro’s alarming fall meant that Wall Street ended today with significant gains. Earlier this week, the Bureau of Labor Statistics released the […] More
The June nonpayroll report beats all expectations by adding 372.000 new jobs in June. The combat against inflation continues, and Wall Street heads into its five days of winning this week. Today, the treasury bond market is declining, and Wall Street indexes are waffling to avoid losses. Yesterday the labor department released the weekly jobless […] More
The June nonpayroll report beats all expectations by adding 372.000 new jobs in June. The combat against inflation continues, and Wall Street heads into its five days of winning this week. Today, the treasury bond market is declining, and Wall Street indexes are waffling to avoid losses. Yesterday the labor department released the weekly jobless […] More
The 2-year treasury bond index jumped over the 10-year treasury bonds as recession concerns rose more than ever. Over the past few weeks, investors’ fears have grown significantly due to the low gains and the significant loss that Wall Street took. On top of that the past week the Atlanta GDP bank forecast about the […] More
The FED officials say that they will succeed in getting down inflation to 2% without facing a recession. NATO is willing to send thousands of its troops to eastern European territories to prevent any escalation by Russia. It’s been more than three months since the start of the war, and the Ukrainian troops are showing […] More
Wall Street is heading into a bear market, and the Federal Reserve remains committed to its tightening policy. Consumers are shifting into a survival mode. The fastest increases in energy and food prices are forcing consumers to ditch unnecessary spending. Over the past 6 months, U.S consumer confidence and sentiment have dipped low month by […] More
Oil drops, and Wall Street rises hours after the Federal Reserve president’s testimony about the possibility of a market recession. After the Red Bull Reserve president testifies, Wall Street closes Thursday evening trading hours with a mixed performance. Jerome Powell says today that the US might face an economic slowdown and a mid-term recession at […] More
The global central banks are tightening their monetary policy to tame inflation, but at what cost? The wall street major three indexes experienced a mixed performance amid fears that market volatility will keep rising. By the evening trading hours, the S&P rose by 0.22%; the Nasdaq composite gained 1.43% and the Dow Jones industrial declined […] More
The Federal Reserve increases its interest rate by three quarters after noticing that interest rates controlled price hikes In recent months, the public view of the economy has fallen massively after the series of interest hikes and the struggles and pain that American households are experiencing these days. In addition to that, last week’s CPI […] More
In May, the CPI rose 8.6% year on year, raising concerns on Wall Street that inflationary pressures aren’t fading. The yellow metal gained over 2%, and Wall Street suffered one of its worst closing weeks this year. The bureau of labor statistics released its CPI results this morning, which was a major shock to interested […] More