Stock Market News

Strong Naira Slows Inflation Pace

Nigeria's currency has been the best performing currency this month. Bloomberg News' Ondiro Oganga discusses with Vonnie Quinn on Bloomberg Daybreak: Middle East & Africa.

2 hours ago - Bloomberg Markets and Finance

Asset manager VanEck's defence ETF attracts investors amid global conflicts

Fund manager VanEck's defence-industry focused exchange traded fund (ETF) has reached more than $550 million in net assets in its first year, VanEck said on Monday, highlighting how current, global co...

8 hours ago - Reuters

Stocks Take Hit But Don't Turn Too Bearish

Stocks took a turn for the worse last week increasing correction fears by investors and traders. Some were suggesting that a more significant top was being formed and that was before the weekend missi...

11 hours ago - Forbes

Watch CNBC's Sunday livestream on the Iran-Israel conflict, jumping oil prices and market selloff

CNBC TV holds a special livestream Sunday evening on the Iran-Israel conflict, spiking oil prices and the stock market decline.

11 hours ago - CNBC

Consumers' bad feelings about a good economy shouldn't be ignored, Boston Fed President says

Boston Fed President Susan Collins says the central bank could benefit from paying attention to American consumers' bad feelings about a good economy.

13 hours ago - Market Watch

'APPALING': Economist blasts politicization of the Fed

Heritage Foundation public finance economist EJ Antoni sounds off on Biden's remarks about a possible rate cut, Larry Summers' prediction for a rate hike, the president's spending and a 'debt bomb.'

14 hours ago - Fox Business

Netflix, Goldman, United Airlines, and More to Watch

Earnings season kicks off with Goldman Sachs, Bank of America, Johnson & Johnson, Morgan Stanley, United Airlines, Prologis, Netflix, and TSMC.

14 hours ago - Barrons

Fresh uncertainty around Fed rate cuts exposes the stock market's winners and losers

5% 10-year Treasury yield no longer considered a level that might trigger a stock-market correction, portfolio manager says.

16 hours ago - Market Watch

Stock Market Awaits Reaction to Middle East Events

Investors are watching the opening of markets in Asia later on Sunday in the U.S. for a reading on how stocks and other assets will react globally.

16 hours ago - Barrons

The Handoff to Normal?

By Samuel Rines, Macro Strategist, Model Portfolios Key Takeaways The U.S. successfully transitioned once again to a services-driven economy after the global disruption caused by the COVID-19 pandemic...

17 hours ago - ETF Trends

No, Inflation Is Not ‘Too Much Money Chasing Too Few Goods'

Former budget director Mick Mulvaney recently wrote that inflation “is too much money chasing too few goods.” That he was incorrect about inflation doesn't indict him as much as it places him in a cro...

18 hours ago - Forbes

The Stock Market Is Starting to Sink. Earnings Could Fuel a Turnaround.

March's inflation data have further delayed hopes of interest rate cuts. Yet earnings results could help lift stocks out of their funk.

1 day ago - Barrons

It's not just Jamie Dimon and Wall Street. Local bank branches have big AI ambitions

Local bank branches see artificial intelligence as a way to more effectively compete against Wall Street giants for customers.

1 day ago - CNBC

Surging inflation fears sent markets tumbling and Fed officials scrambling

The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.

1 day ago - CNBC

3 Facts That Help Explain a Confusing Economic Moment

The path to a “soft landing” doesn't seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.

1 day ago - NYTimes

Fears of Israel-Iran escalation are driving stocks lower. Here is what investors need to know.

Cracks in the U.S. stock market's big rally in the past five months intensified on Friday as investors worried about a potential escalation of tensions between Iran and Israel.

1 day ago - Market Watch

Fed Faces a Long, Slow Fight Against Inflation in Services

Last year, the Fed's rate hikes seemed to be chopping away at price growth like a machete through butter. Not anymore.

2 days ago - Barrons

The Fed should ‘ignore politics, look at the date': Kevin Hassett

Former Council of Economic Advisers Chair Kevin Hassett joins ‘Kudlow' to discuss ‘pressure' that could cause the Fed to increase rates as much as another percentage point.

2 days ago - Fox Business

Markets are 'aimless' trying to figure out inflation, portfolio manager says

Stocks have had a crazy week, with markets fluctuating on hot inflation prints and rate cut outlook adjustments. Prime Capital Investment Advisors Director of Investments Will McGough, and Ziegler Cap...

2 days ago - Yahoo Finance

Volatile Markets, Wealth Effect a Double-Edged Sword for Consumer Spending

The wealth effect giveth, and it taketh away. This week's stock market volatility, and especially Friday (April 12)'s plummet in the wake of big bank earnings, shines a light on the value of stock mar...

2 days ago - PYMNTS

'Fed's hands are tied until bonds actually rally,' Tastylive CEO says

Is now truly the most exciting time to be an investor? tastylive Founder and CEO Tom Sosnoff joins Yahoo Finance in-studio to weigh in on the retail investor environment, gauging commodity price trend...

2 days ago - Yahoo Finance

Bitterly: Fed's Attention is on Inflation

Kristen Bitterly, Citi Global Wealth Head of Investment Solutions, says that a strong labor market is not enough to take the Fed's attention away from inflation. She also expects a strong earnings sea...

2 days ago - Bloomberg Markets and Finance

The Last Thing the Fed Wants is for Inflation Expectations to Become Unanchored

Stock falter to close the trading week. Kevin Gordon and Collin Martin discuss the major takeaways from this week's economic data.

2 days ago - Schwab Network

The Rally Could be Running Out of Steam

Stocks are under pressure heading into the weekend. Yang Tang discusses the state of the mega cap tech trade.

2 days ago - Schwab Network

Goldman analyst on why small caps make sense right now

The Russell 2000 (^RUT), which tracks small-cap stocks, has lagged the broader S&P 500 (^GSPC) index over the last 12 months. Goldman Sachs Asset Management Portfolio Manager Greg Tuorto argues there ...

2 days ago - Yahoo Finance

WSJ's Nick Timiraos discusses the Fed's path to rate cuts

Amid the ongoing uncertainty surrounding Federal Reserve rate cut expectations, The Wall Street Journal's Chief Economics Correspondent Nick Timiraos joined Yahoo Finance to share his outlook on the c...

2 days ago - Yahoo Finance

S&P 500 Gains and Losses Today: Arista Networks Drops Amid Competitive Threat

Major U.S. equities indexes tumbled as bank stocks moved lower following their earnings reports and big tech names lost momentum after helping the market find a footing in the previous session.

2 days ago - Investopedia

5% Treasury Yield Achievable, BofA's Swiber Says

Meghan Swiber, Bank of America director of US rates strategy, says a 5% Treasury yield is possible if the Federal Reserve put rate hikes back on the table. She speaks on Bloomberg Television.

2 days ago - Bloomberg Markets and Finance

Dow Falls, Logs Worst Week Since March 2023

The S&P 500 fell 1.5% as investors digested earnings from financial companies including JPMorgan and BlackRock.

2 days ago - WSJ

Fed's Daly: Absolutely No Urgency to Adjust Policy Rate

"There's absolutely, in my mind, no urgency to adjust the policy rate," Federal Reserve Bank of San Francisco President Mary Daly says at an event in San Francisco.

2 days ago - Bloomberg Markets and Finance

Big Sell Off Friday | Daily Wrap

Wrapping up the day in the markets.

2 days ago - Bloomberg Markets and Finance

Stock Market Today: Dow Sinks 475 Points After JPMorgan Earnings

Stocks sold off sharply Friday on disappointing bank forecasts and speculation that Iran is planning an attack on Israel.

2 days ago - Kiplinger

Stock market should expect more IPOs to hit pipeline in 2024, says FirstMark's Heitzmann

Rick Heitzmann, FirstMark founder and managing partner, joins 'Closing Bell' to discuss how the volatility of rate cuts has affected markets, if IPO markets will soon open up, and the signal that capi...

2 days ago - CNBC Television

Fed can't argue against three hotter-than-expected inflation reports, says Fundstrat's Tom Lee

Tom Lee, Fundstrat Global Advisors managing director, joins 'Closing Bell' to discuss what changed this week, if the last mile of inflation will be harder than initially thought, and more.

2 days ago - CNBC Television

Market bulls have gotten ahead of themselves, says VantageRock's Sheffield

Bryn Talkington, Requisite Capital Management managing partner, Amy Sheffield, VantageRock co-founder, join 'Closing Bell' to discuss if anything meaningful changed for bullish investors, if investors...

2 days ago - CNBC Television

Investments to consider in a higher-for-longer rate environment

Benchmark interest rates may be slow to come down, meaning mortgages and loans are going to cost more. But there are stocks that investors may want to take advantage of while they're still cheap.

2 days ago - Yahoo Finance

US consumer sentiment falls more than expected as inflation fears rise

U.S. consumer sentiment declined in April while Americans' inflation expectations increased as rising prices continue to take a toll on household budgets.

2 days ago - Fox Business

Inflation Accelerates In March As Prices Rise Faster Than Expected

The Bureau of Labor released its most recent inflation report this past Wednesday morning. The bottom line?

2 days ago - Forbes

Chicago Fed president says Powell is a 'long way' from his target

Chicago Federal Reserve Bank President Austan Goolsbee discusses whether the Fed can lower inflation and avoid a recession on 'Cavuto: Coast to Coast.' #foxbusiness #cavuto

2 days ago - Fox Business

Less than half of U.S. banks ready to borrow from Fed in emergency

A year after Silicon Valley Bank's failure, less than half of U.S. banks have established borrowing capacity by pledging collateral at the Federal Reserve's emergency lending facility, according to Fe...

2 days ago - Reuters

U.S. large-cap stocks post biggest weekly outflow in 16 months, say BofA strategists

U.S. large-cap stocks just posted their largest weekly outflow since December 2022, strategists at BofA Global Research said Friday.

2 days ago - Market Watch

Market strategist: Get ready for a summer rally in stocks

Investors are hoping the upcoming earnings season will provide the markets with a boost. Bank of America's Chief Equity Technical Strategist Stephen Suttmeier joins Yahoo Finance to discuss the market...

2 days ago - Yahoo Finance

Iran-Israel fears sink stocks as traders rush to gold, Treasury bonds

Reports that Israel is bracing for an imminent attack by Iran sparked a scramble for safety across markets on Friday, inspiring traders to dump stocks in favor of Treasury bonds, gold and the U.S. dol...

2 days ago - Market Watch

Inflation still too high for Fed to cut interest rates, Schmid says

Kansas City Federal Reserve President Jeff Schmid said on Friday the U.S. central bank should not be weighing interest rate cuts at this time because inflation remains above its 2% target and the job ...

2 days ago - Reuters

Fed's Schmid calls for patience before making any change in interest rates

Hot inflation, strong growth and elevated asset market prices all suggest that the current stance of the U.S. central bank's interest-rate policy is appropriate, Kansas City Fed President Jeffrey Schm...

2 days ago - Market Watch

Small-cap stocks ‘challenged' as inflation pushes out Fed rate-cut expectations, warns BofA

U.S. small-cap stocks are “challenged” as Wall Street pushes out expectations for when the Federal Reserve may begin lowering interest rates due to concerns over persistent inflation, according to Bof...

2 days ago - Market Watch

Growth Stocks Might Be in a Bubble. That Doesn't Mean Value's Ready to Rise.

Capital Economics says that even if we're in a tech-stock bubble, it won't burst soon. A value rally could be a ways off.

2 days ago - Barrons

Consumer credit signals weakness, potential drop in spending

Stocks are facing pressure as the markets digest the disappointing earnings reports from major banks, including JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC). NewEdge Wealth Chief Investment Of...

2 days ago - Yahoo Finance

5 recession indicators that have moved out of the danger zone after flashing economic red flags

Five recession indicators that were flashing a warning sign about the economy have since retreated. Ned Davis Research said its Recession Probability Model has plunged to 2%, suggesting "minimal odds"...

2 days ago - Business Insider

Data Dependency & The Fed's Fight Against Inflation

The Fed may not be able to cut quite as soon and maybe as much as the markets hoped a few months ago, notes Brian Nick. He discusses data dependency and the Fed's fight against inflation.

2 days ago - Schwab Network