Stock Market News
Dow Jones Today: DJIA Gains on Big Tech Earnings as Consumer Sentiment Ticks Up
The Dow Jones (DJIA) is set to end the trading week on a high note following a busy week of earnings. Amazon ($AMZN) is on track for its best daily…
Richmond Fed President Tom Barkin said it is “a close call” whether the central bank's interest-rate setting is high enough to bring inflation down
The Richmond Fed president said he doesn't know whether he would have joined the three colleagues who dissented in favor of a rate increase.
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus, Could Give Steer on Fed Outlook
U.S. monthly jobs data for July will provide the focus of attention as investors gauge the prospects for interest rates over the next few months.
What we know about the rogue AI-agent security breaches
Anthropic's disclosure on Thursday that its Claude models breached the systems of three companies highlights the growing hacking capabilities of AI and is likely to fuel an intensifying U.S. push to ...
Situational Awareness' portfolio sinks 67% in July on AI stock rout, letter shows
The portfolio value of Leopold Aschenbrenner's hedge fund, Situational Awareness, fell 67% in July after suffering steep losses on AI stocks, according to a letter sent to investors on Thursday that ...
Treasuries Get Whacked by Japan's Big Yen Fix. Bonds Don't Need More Trouble.
A surge in the Japanese currency sent th 10-year Treasury soaring. The U.S. bond market has its own problems, from the Fed to the deficit.
A Broad Approach in a Narrow Market
The second quarter of 2026 stood in stark contrast to the first. Our last letter concluded with our suspicion that markets were looking for a reason to go back up.
Consumer Sentiment Rose in July, per Michigan Survey
The University of Michigan's consumer sentiment index rose to 55.2 from 49.5 in June as gasoline prices cooled.
Stock Market Week Ahead: AI Earnings Heat Up with Pivotal Jobs Report on Deck
The trading week ended July 31 provided no shortage of headlines, with Big Tech companies like Amazon ($AMZN), Apple ($AAPL), Alphabet ($GOOGL), and Microsoft ($MSFT) reporting their earnings. In addi...
Dow Jones Slips As Big Tech Caps Earnings-Fueled Week
The Dow Jones (DJIA) is trading in negative territory on Friday following an action-packed week of Big Tech earnings. Amazon ($AMZN) is surging after reporting its second-quarter earnings. AI was…
U.S. Natural Gas Futures Slip in Early Trading
U.S. natural gas futures were returning gains that followed a below-estimate weekly storage injection.
Hassett FIRES BACK: Reveals HIDDEN REASON GDP fell
White House National Economic Council Director Kevin Hassett joins ‘Mornings with Maria' to discuss second-quarter growth, inflation data, the Federal Reserve's interest rate plan, AI security concern...
Fed’s Hammack Says Rates Aren’t ‘Appropriately Restrictive’ to Tame Inflation
Cleveland Fed President Beth Hammack believes that interest rates should be higher to bring inflation down to the 2% level. Hammack was one of the three officials who dissented earlier this…
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – Middle East Jitters & Earnings Drive Volatility
The US indices are continuing to try to break higher, but as we head into the weekend, there will be concerns.
Dow climbs 200 points at open as Amazon joins Microsoft in reviving AI optimism
US stocks opened higher on Friday as strong earnings from Amazon extended the market's rebound, reinforcing investor confidence in artificial intelligence spending despite ongoing geopolitical tension...
S&P 500 Heads Into the Third-Worst Month of the Year
July marked a choppy month for the S&P 500 (SPX), although more volatility could be on the way in the new month. August has historically been the third-worst month for the…
FOMC Recap: The Removal of Forward Guidance Is Not a Communications Change. It's a Policy Tool.
The Federal Reserve left its policy rate unchanged at 3.50% to 3.75% in a split 9-3 vote, while reiterating that inflation remains above target and the FOMC is committed to restoring price stability. ...
Why Bill Dudley Thinks Warsh's Approach to Fed Policy Is Flawed
Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, reacts to Fed Chairman Kevin Warsh's news conference following the central bank's decision to l...
SHOP, LULU, QSR: Canada’s Economy Shows Signs of Life and Returns to Growth
The economy had fallen into a recession earlier this year.
Fed dissenters speak: Why they backed higher interest rates
Inflation has topped the Fed's 2% target for more than five years
Private credit roundup: Earnings hold up as defaults, redemptions remain elevated
Ares Capital and Blue Owl Capital reported resilient second-quarter results this week, while Ares Management posted record fundraising, highlighting continued institutional demand for private credit d...
Futures Rise as Amazon’s Solid Q2 Earnings Boost Tech Stocks
U.S. stock futures rose on Friday morning, building on the previous day’s rally. Strong quarterly results from Amazon ($AMZN) boosted investor sentiment and eased concerns about AI spending. Futures o...
We're seeing weakness on the consumer side of the Chinese economy, says China Beige Book COO
Shehzad Qazi, China Beige Book COO, joins 'Squawk Box' to discuss the state of China's economy, what's behind the recent slowdown, China's AI push, and more.
Two Fed policymakers said stubborn inflation drove their dissenting votes for higher interest rates this week, a sign of mounting internal pressure on Chairman Kevin Warsh to act
The central bankers, Beth Hammack and Neel Kashkari, said Kevin Warsh's Fed should have raised rates this week in the face of persistent price pressures.
Former Barclays CEO Bob Diamond: The Clarity Act is really good for banks over time
Bob Diamond, Atlas Merchant Capital CEO, Hyperliquid Strategies chairman and former Barclays CEO, joins 'Squawk Box' to discuss the Fed's interest rate decision, state of the economy, his thoughts on ...
Fed officials who voted to hike rates say action is needed now against inflation
Fed officials who voted to hike rates say action is needed now against inflation
Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady
Internal divisions over whether to raise interest rates intensified at Kevin Warsh's second meeting as chairman of the Federal Reserve.
5 Things to Know Before the Stock Market Opens on Friday
Stocks are pointing to a higher open ahead of July's final trading session as investors assess earnings from Apple and Amazon and look to extend yesterday's rally; Amazon shares are soaring after the ...
More consumer companies are staying private for longer, avoiding the IPO road
With the rise of secondary markets and a stronger liquidity environment, more companies are choosing to stay private for longer, according to experts. Only a handful of consumer and retail companies h...
Dow futures soar 340 points: 5 things to know before Wall Street opens
US stock futures rose on Friday as Amazon's cloud results revived the artificial-intelligence trade, offsetting a sharp retreat in Apple after its cautious outlook. At 7:00 AM ET, Nasdaq 100 futures g...
Stock Markets Look to Close July With a Bang But the August Lull Looms
Amazon's capital spending will rise, iPhone sales jump, looming legislative vote overshadows Coinbase earnings, and more news to start your day.
Why corporate bosses are worried about new Kevin Warsh's stance on interest rates
Kevin Warsh's second Fed meeting ended like his first one: No raising of the short-term interest rates – and corporate America is worried about the consequences, On The Money has learned.
U.S. Treasury Yields Rise
Treasury yields rose, particularly short-dated yields, as investors continued to digest Wednesday's Fed decision to hold rates steady and Chairman Kevin Warsh's communication.
Why fresh volatility means a ‘valuation opportunity' is opening up in U.S. stocks
It's normal for equities to have a tough time around Federal reserve transitions, says RBC's Calvasina
Kevin Warsh's ‘Bear Steepener' Is No Goldilocks Moment for Stocks
It's almost like payback for those teasing “I'm a Mac, I'm a PC” ads. Microsoft posted the biggest single-day market value gain for any company ever, a cool $450 billion. est single-day market value g...
South Korea's chip giants just logged their biggest rally ever. What it means for the global AI trade.
The Kospi saw its best-ever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names.
Global equity fund inflows surge to three week highs
Global equity fund inflows rose to their highest in three weeks during the week to July 29, as investors snapped up technology sector funds during a market downturn, anticipating that the AI-driven ...
Stock Market News Today, 7/31/26 – Futures Climb as Big Tech Earnings Fuel Rally
U.S. stock futures rose ahead of Friday’s session, building on the previous day’s rally. Better-than-expected quarterly results from Amazon ($AMZN) further boosted investor sentiment. Futures on the N...
U.S. Stock Futures Higher as AI Rebound Continues
AI optimism pushed U.S. stock futures higher and drove the volatile Kospi to its biggest daily rise on record in Korea, while Europe's tech stocks also rallied.
South Korea's Kospi rallies - or does it?
It's been a confounding month for the Kospi. South Korea's benchmark index notched its best day on record, but still ends the month down by more than 20%.
Stock Market Today: Nasdaq Futures Gain Despite Apple Selloff
Amazon is leading the gains as tech stocks climb in premarket trade, even as Apple shares dip after its latest forecasts disappointed investors. The continuing rebound comes at the end of a turbulent ...
ADNOC buys tankers as Red Sea, Hormuz crisis reshape oil trade
Abu Dhabi National Oil Co (ADNOC) has bought five very large crude carriers (VLCCs) for about $590 million, three sources familiar with the matter said, expanding its fleet as conflicts in the Red Se...
Korea's Kospi Heads for Record Daily Gain, Defying Efforts to Tame Wild Swings
The country's regulators have imposed increasingly stringent restrictions on single-stock leveraged exchange-traded funds tracking SK Hynix and Samsung Electronics.
Stock Futures Rise as Big Tech Earnings Lift Investor Sentiment
U.S. stock futures climbed ahead of Friday’s session after a strong rally the previous day. Solid quarterly results from Amazon ($AMZN) also lifted investor sentiment. Futures on the Nasdaq 100 (NDX),...
Morning Bid: Yen sinks as BOJ holds - and it's the KOSPI's best day
A look at the day ahead in European and global markets from Gregor Stuart Hunter
China's Factory Activity Gauge Unexpectedly Signals Contraction
The official manufacturing purchasing managers index increases pressure on Beijing to roll out additional policy support to buttress growth.
Korean Stock Surge Leads Asian Rally on Renewed AI Enthusiasm
South Korean stocks jumped 17%, leading gains in the region.
Kevin Warsh's Honeymoon With the Bond Market Is Already Over
Investors warned that the Fed must show commitment to inflation fight after Wednesday's selloff.
Nikkei Rises 2.7%, Led by Electronics, Bank Stocks
Japanese stocks were higher in early trade following gains in U.S. technology stocks overnight.
Jim Cramer says this hedge fund's blowup reveals the hidden risks of leverage
CNBC's Jim Cramer said the forced unwind of AI-focused hedge fund Situational Awareness shows how borrowing money can quickly magnify losses and trigger forced selling. He said the liquidation may ult...
Bond Market is Testing Warsh's ‘Noncommittal' Rate Outlook
Federal Reserve Chair Kevin Warsh says he's committed to bringing inflation down, but the bond market isn't buying it unless he shows a willingness to raise interest rates, analysts say.
U.S. Stock Futures Rise After a Strong Session and Amazon’s Q2 Beat
U.S. stock futures edged higher on Thursday evening following a sharp market rebound during the regular trading session and strong Amazon ($AMZN) results. Futures on the Nasdaq 100 ($NDX), the Dow Jon...
China's U.S.-bound shipments fall in July after brief recovery, survey shows
"U.S.-bound shipments fell outright for the first time in several months," the U.S.-based research firm China Beige Book said Friday. It cited a survey of 1,436 Chinese businesses between July 20 and ...
Big Tech's A.I. Spending Keeps Rising.
Amazon joined a procession of tech giants that ramped up their spending on artificial intelligence, as its capital expenditures soared 69 percent. Concerns over the industry's spending is mounting.
AI Stocks Stage a Rebound
Microsoft shares surged 16% after the company reported healthy growth in its cloud business and the number of paid AI subscribers. Shares of Meta Platforms fell 8% after the company raised the low end...
Momentum Stocks Look Cheap. Buy These 3 ETFs.
Momentum stocks are ready for a little love. It only makes sense after the Wall Street's big breakup with chip makers and other AI players.
Stock Market Today: SPY, QQQ Rally as AI Stocks Surge; PCE Inflation Retreats
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Thursday with tech stocks leading the way. News That Moved the Stock Market Today…
Dow jumps 640 points as Microsoft, chip stocks power Wall Street rebound
US stocks rebounded sharply on Thursday as investors returned to technology shares following Microsoft's stronger-than-expected earnings, helping Wall Street recover from the previous session's steep ...
S&P 500 Top Stock Gainers Today, 7/30/26
The S&P 500 (SPX) closed higher on Thursday as tech and AI stocks staged a massive rally. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Information technology was ...
Ed Yardeni: Bond market wants Fed to be more vigilant on inflation
Ed Yardeni, Yardeni Research president, joins 'Power Lunch' to discuss the latest Federal Reserve meeting.
Implosion of Situational Awareness has Wall Street betting the bottom is in for the AI trade
One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been c...
Tim Seymour: Higher yields and hawkish central banks add headwinds to momentum trades
Tim Seymour, Seymour Asset Management, joins 'The Exchange' to discuss the recent action in Korean markets, the Bank of Japan and much more.
Fed's Credibility Questioned, ‘Bond Vigilantes' Return | Real Yield 7/30/2026
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Azimut Group Global Co-Head of Fixed Income Nicolò Bocchin, Columbia Threadneedle Investments Ed Al-Hussainy,...
Warsh's Wall Street cred takes a hit as investors doubt the Fed chair's inflation-fighting resolve
Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors aren't buying it.
The warning signal insiders are sending
Corporate insiders haven't been this bearish in more than 20 years.
U.S. GDP Growth Unexpectedly Drops Despite Upbeat Consumer Spending
U.S. gross domestic product (GDP) grew at an annualized rate of 1.5% in the second quarter, according to the latest estimate from the Bureau of Economic Analysis. That’s down from…
Why This Morning's Stock Rally May Be a Selling Opportunity
Microsoft's surge sparked a sharp rebound, but weakening technical patterns across the QQQ, S&P 500, and Dow suggest the rally may prove short-lived.
Stocks Are ‘Finally on Sale' — How to Navigate This Market Reset
From AI beneficiaries to small caps and energy‑powered data‑center growth, Phil Blancato of Osaic breaks down why this pullback is a rare buying window — and which parts of the market look primed for ...
A Little Bumpiness Can't Stop Stocks From Rising, Strategist Says
Stocks are likely to post another month of declines, but Truist's Keith Lerner likes the longer game.
Bond Investors' Inflation Angst Rises on Fed's Lack of Guidance
The yield on government bonds, which underpins borrowing costs from mortgages to business loans, remained elevated over concerns about the Federal Reserve's efforts to contain inflation.
Dow Jones Today: DJIA Gains on Tech Momentum; Cooling PCE Inflation
The Dow Jones (DJIA) is trading higher on Thursday, driven by strength in tech stocks and easing inflation. June Personal Consumption Expenditures (PCE) data pointed to easing price pressures. The ind...
Mortgage rates rise to one-year high
The average rate on a 30-year fixed mortgage rose this week to 6.66%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.58%.
Forget Stocks for the Long Run. Why Bonds Might Be a Better Bet.
A new paper suggests that the famous truism might not be as bulletproof as investors think.
Bond Vigilantes Push Back Against the Fed's Inertia. Who Pays the Price.
Retail investors who think the central bank should raise rates are forcing yields on long-term Treasuries to rise. Their big worries are sticky inflation and the ballooning federal deficit.
Mortgage rates jump to their highest level in a year and show few signs of falling
The Federal Reserve on Wednesday kept its benchmark interest rate steady, but political and economic developments are pushing mortgage rates higher.
Reassessing Risk in Tech Stocks
Rising debt costs in the AI space are raising eyebrows You're likely aware that many technology companies are spending epic sums of money on AI these days. Take tech titans like Oracle, Alphabet, Micr...
The 'Illusion of Calm' in Markets
Kevin Gordon of @CharlesSchwab says the lack of movement in cap-weighted indexes is masking major moves beneath the surface, with a breakdown in momentum and a rotation away from megacaps and semicond...
Mortgage rates jumped to their highest level in a year, dealing another blow to a long-stalled housing market that shows little sign of recovering
Four straight weeks of rising mortgage rates pushed the 30-year borrowing rate this week to 6.66%.
Key inflation gauge falls while economic growth slows – but the Fed could still raise rates
The data is largely backward-looking, since much of the decline in prices is due to a 9% drop in energy and gasoline prices in June after the US and Iran signed a ceasefire agreement that has since fa...
Amos Hochstein on Iran war: The tools that were there a few months ago are diminishing
Amos Hochstein, TWG Global managing partner and former Biden White House senior advisor, joins 'Squawk Box' to discuss the latest developments in the U.S.-Iran war, impact on the energy and oil market...
30-Year Treasury Yield Jumps to 19-Year High Following Fed Meeting
The 30-year Treasury yield rose to 5.24% on Thursday morning, marking the highest level since 2007, or in 19 years. That came after the Fed voted 9-3 to hold interest…
Kevin Mahn on The Fed Fallout & Wall of Worry
Kevin Mahn breaks down the market fallout following Wednesday's Federal Reserve decision and shares his reaction to Kevin Warsh's comments, including why he believes the Fed may stop reinvesting in se...
Americans are spending plenty — but they're saving much less
Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.
Stocks rebound from steep Fed sell-off as investors doubt whether Warsh will raise interest rates
Meanwhile, key oil benchmarks fell Thursday despite rising tensions in the Middle East.
Why Is the Stock Market Up Today, 7/30/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in the green on Thursday as tech stocks soar. Memory and semiconductor stocks are leading the rally, highlighted by…
The BOE Decides | Special Coverage
The Bank of England kept interest rates steady at 3.75%, as UK officials sought to balance the threat from resurgent US-Iran tensions against signs that domestic price pressures are easing more quickl...
Hassett Confident in Fed's Warsh, Doesn't See Market Bubble
White House National Economic Council Director Kevin Hassett says he has full confidence in Federal Reserve Chairman Kevin Warsh after the central bank decided to keep rates unchanged. Speaking on "Bl...
S&P 500 Rebounds as Big Tech Earnings Take Center Stage
The S&P 500 (SPX) is trading higher on Thursday as investors digest a slate of earnings from Big Tech leaders. Microsoft ($MSFT) is leading the way higher after the company’s…
Dow jumps 230 points as Microsoft lifts AI sentiment, Nasdaq rebounds
US stocks opened higher on Thursday as investors weighed fresh economic data, strong corporate earnings and easing inflation pressures following the previous session's sharp market sell-off. Optimism...
Dow Jones Climbs as Fed’s Inflation Gauge Dips
The Dow Jones (DJIA) opened higher on Thursday after growth in the Fed’s preferred inflation gauge showed signs of cooling. The Personal Consumption Expenditures (PCE) index fell 0.1% in June,…
US economy grows sluggish 1.5% in second quarter as inflation tops Fed target
The US economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve's favored measure of inflation grew mor...
Fed's Preferred Inflation Index Cooled but Remained Elevated in June
The price index of personal-consumption expenditures cooled in June but remains well above the Fed's 2% target.
US economic growth slows unexpectedly in second quarter
U.S. economic growth slowed unexpectedly in the second quarter of the year, according to the Commerce Department's advance estimate.
Fed's Benchmark Inflation Measure Cooled Last Month—But U.S. Economy Slowed In Second Quarter
The Federal Reserve's go-to inflation metric fell from a nearly three-year high in June as economic growth was slower than expected this latest quarter, according to federal data published Thursday, a...
U.S. Jobless Claims Rebound After Streak of Declines
The number of people who filed for unemployment benefits was 197,000 in the week through July 25, 9,000 higher than the upwardly revised 188,000 reported a week earlier, the Labor Department said.
Fed's favored inflation gauge showed prices pulled back in June
The Fed's favored inflation gauge eased but remained elevated in June, with PCE inflation remaining well above the Fed's 2% target.
U.S. Economy Grew More Slowly in the Second Quarter
Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.
GDP shows the economy grew 1.5% in the second quarter — but it's even better than it looks
Consumer spending and business investment in AI drive the economy forward
Futures Rise on Microsoft’s Solid Results; Investors Await Amazon and Apple’s Earnings
U.S. stock futures rose on Thursday morning as Microsoft’s ($MSFT) upbeat quarterly results boosted investor sentiment. All eyes are now on quarterly results from Amazon ($AMZN) and Apple ($AAPL), due...
Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
Lower gas prices after temporary Iran truce tugs inflation lower
U.S. economic growth slowed to 1.5% in second quarter
U.S. economic growth slowed in the second quarter, falling short of economists' expectations.
U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
Major central banks steer a cautious hiking path
The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy prices and the uncertain consequences of AI advance...
This global equity fund boasts a 150% five-year return for investors, despite being well underweight U.S. stocks
The CIO of Ranmore Funds isn't too keen on U.S. valuations at present, but the beaten-down software sector is luring him back in.
Dow Jones forecast as the Fear and Greed Index drops to 32
The Dow Jones Industrial Average has gained about 6.5% this year and remains close to its record high. However, the index has recently retreated to around 51,600, down more than 3.25% from its peak as...
Nearly half of small-cap and midcap stocks are losing money
Wall Street is evolving into a winner-take-all contest. Nearly half the companies in the Russell 2000 index lost money over the past 12 months — 41.5%, to be exact.
Why the Bond Market Is Getting the Last Word in Its Fight With the Fed
Federal Reserve Chairman Kevin Warsh praised the bond market's recent rate moves on Wednesday. He may not feel that way now.
Dow futures jump 140 points: 5 things to know before Wall Street opens
US stock futures rose on Thursday as Microsoft's earnings-driven rally outweighed a sharp retreat in Meta, while investors prepared for a dense run of economic data and corporate results. At about 7:1...
Wall Street just suffered a historic crash in high-flying stocks. Here is why a quick tech rebound could be a trap.
A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG's Jonathan Krinsky.
Why you shouldn't worry about the stock market's break below its 50-day moving average
Moving-average timing systems stopped working several decades ago.
Fed Chairman Kevin Warsh didn't sound as hawkish as I'd expected, says Roger Ferguson
Former Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the Fed's decision to leave interest rates unchanged, takeaways from Fed Chairman Kevin Warsh's commentary, the Fed's ...
Markets Ride a Roller Coaster of Fed Confusion and AI Hope After Savage Selloff
Meta Platforms earnings disappoint, Qualcomm's pivot away from smartphones, beer makes a comeback, and more news to start your day.
Morning Bid: Long bond takes fright
What matters in U.S. and global markets today. The Federal Reserve held the line on Wednesday, but three policymakers voted for a hike, the most significant dissent against a new Fed chair since 1970...
U.S. Treasury Yields Soar as Market Struggles to Interpret Fed
The 30-year U.S. Treasury yield rose to a 19-year high after the Fed kept interest rates on hold, but left the market pondering about its future path.
Stock Market News Today, 7/30/26 – Futures Rise Ahead of PCE Data; Amazon, Apple Earnings Due
U.S. stock futures edged higher ahead of Thursday’s session after the Federal Reserve kept interest rates unchanged and Microsoft’s ($MSFT) stronger-than-expected quarterly results boosted investor se...
Capital Account: Fed Chairman Kevin Warsh says listen to the markets, not him. But there's a problem with that: The Fed isn't the umpire, it's the most important player in the game, @greg_ip writes
The Fed chairman's analogy of calling balls and strikes doesn't work. The central bank isn't the umpire, it is the most important player in the game.
U.S. EQUITIES REACT TO FED'S 'HAWKISH HOLD'
American equities plummet and borrowing costs hit their highest in nearly two decades as investors find little to like in the Fed's fifth 'hold' in a row. But, Chairman Warsh hints that a hike could b...
Stock Market Today: Bond Selloff Extends; Oil Ticks Higher
Treasury yields are hovering at multiyear highs, reflecting worries about rising inflation and the Fed's willingness to combat it after officials held interest rates unchanged for a seventh month.
U.S. Stock Futures Steady Amid Inflation Fears
U.S. stock futures rose, as markets stabilized after reacting sharply to the Fed's rate meeting Wednesday.
Dollar Loses From Hit to Fed Credibility: 3-Minutes MLIV
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."