A hawkish Federal Reserve statement sends stocks lower
The Federal Reserve held its policy rate at a range of 4.25% to 4.5%, as was universally expected, but some changes to the statement suggest that the central bank expects to maintain this holding patt...
Bitcoin briefly bounces back over $100,000
rallied to over $100,000 at 3 p.m. ET today on a soft inflation report and growing optimism that President-elect Trump will move quickly to overhaul the nation’s crypto policies. According to Reuters ...
Tesla stock jumps 8% as lawsuits and fundamentals can’t hold Elon Musk’s crown jewel down
stock kept powering beyond $420 to rise 8% today. The stock market is a sea of green after data this morning showed US inflation decelerated in December, but shares of the electric-vehicle maker are p...
Big Tech rises on soft CPI report
Slightly softer-than-expected December inflation numbers — and the chance that it could make further Fed rate cuts a possibility — gave Big Tech shares a lift in the premarket session. The Sherwood-co...
Stock strategists say bonds are the most important thing for markets now
In his weekly note, Morgan Stanley’s top US equity-market analyst, Mike Wilson, boiled down the recent stock sell-off to the upward move in bond yields. High-flying tech shares like and have been up...
And... it’s gone: S&P 500 goes negative
Well folks, it was fun while it lasted. This morning’s strong jobs report set the stage for the worst day for the markets in an admittedly still young 2025, pushing the blue-chip index into negative t...
S&P 500 erases 2025 gains on hot job growth, high yields
Surprisingly robust US job growth sank the stock market on Friday as traders trimmed bets on how much the Federal Reserve would cut its policy rate. Thirty-year Treasury yields briefly touched 5% for ...
America is divided over what Trump will do to inflation. The stock and bond markets are, too.
The country is divided over whether President-elect Donald Trump will propel inflation higher or wrestle it to the ground. Well, the US stock market and bond market seem a little divided on that, too....
Trading “good news is bad news” has limits if your attention span is longer than a day
US stocks are taking their lumps after surprisingly solid job growth in December saw the unemployment rate dip and Treasury yields rise. In the wake of this print, economists at Bank of America are sa...
Stocks don’t like the look of this strong economy
It’s the worst session of the year for stocks in the early going, as investors look askance at the ongoing strength in the US economy. Robust jobs growth lowers the odds that the Federal Reserve, whic...
Lending the UK government a few quid hasn’t been this lucrative for decades
Buying bonds is usually seen as a safe, boring bet; somewhere to securely stick cash that isn’t earmarked for a more exciting or higher-risk investment — and buying government bonds is especially so. ...
How many Fed cuts are coming in 2025?
Pullbacks in the stock market have been rare, brief, and not too deep in the back half of 2024. But all 3% drops from the highs for the S&P 500 have come when markets either expect the Fed to cut a lo...
Housing IS the business cycle
Monetary policy famously works with “long and variable lags.” It turns out these lags can be so long that, in the case of this cycle, policy tightening delivered in 2022 and 2023 threatens to weigh on...
US stocks close out the week on a high note
The S&P 500 rose 1.1% while the Nasdaq 100 and Russell 2000 advanced by 0.9% to end a bad week on a strong note. A subdued reading for November’s core PCE inflation helped alleviate investor worries a...
Fed nips the quantum computing bubble in the bud
The latest speculative trading theme to grip the market — a bet on so-called quantum computing firms — is taking a thorough thwacking Thursday, in a sign that the Fed’s hawkish rate cut yesterday has ...
Tariff-exposed stocks just got crushed in the sell-off
Nearly every corner of the stock market got slammed on Wednesday as the Federal Reserve sounded more concerned about the outlook for inflation , in part because of the fiscal and trade policies the in...
Tesla dropped 8% yesterday, but it’s still more valuable than the next 40 automakers combined
Traders reached for the sell button en masse yesterday after the Federal Reserve’s inflation concerns spooked the market, putting stocks under serious pressure in the afternoon with the S&P 500 Index ...
The average S&P 500 stock is now down since the election
That escalated quickly. The hawkish body language from the Federal Reserve — despite delivering a rate cut — hammered the markets Wednesday. The S&P 500 and tech-heavy Nasdaq 100 had their second-wors...
Stocks crater as Federal Reserve’s inflation concern swells
The S&P 500 fell 3% — its second-worst day of 2024. The Nasdaq 100 slumped 3.6% and the Russell 2000 cratered 4.4%, its biggest loss this year. The closed below its November 5 level, erasing all of i...
The Federal Reserve seems worried about potential Trump tariffs
The Federal Reserve is getting more worried about inflation. And measures that might be taken by the incoming administration are exacerbating some of its concerns. The central bank hiked its 2025 core...