Setup News Ticker
Searching for 'Bank Fed'. (Return)

Yahoo BusinessMay 28, 2023
The Fed could pop the AI bubble, and investors shouldn't chase the hype as financial conditions tighten, Bank of America says

KiplingerSep 09, 2022
Stock Market Today: Stocks Snap Weekly Losing Streak
Stocks continued their push higher Friday, with today's gains helping the major market indexes snap a three-week losing streak.

SEE MORE 12 REITs Flaunting Fast-Growing Dividends There was nothing particularly new today to boost investor sentiment. Both the economic and earnings calendars were thin. And early afternoon speeches from Kansas City Fed President Esther George and Fed Governor Christopher Waller echoed the hawkish tone struck by central bank officials in recent weeks. It could just be that Wall Street has come to terms with the fact that the Fed will almost certainly issue a third-straight 75 basis point rate increase at its policy meeting later this month. Or perhaps investors are simply taking advantage of bargains from the late-August selloff. 

Whatever the reason, today's rally was broad-based, with all 11 sectors finishing higher. Leading the pack was communication services, which jumped 2.8% on strong gains for components Meta Platforms (META, 4.4%) and Netflix (NFLX, 2.7%). Energy ( 2.5%) also outperformed as U.S. crude futures bounced 3.9% to $86.79 per barrel.

Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.

As for the major indexes, the Nasdaq Composite's 2.1% rally to 12,112 outpaced its peers. Still, the S&P 500 Index ( 1.5% to 4,067) and the

debtDeal Ceiling Biden McCarthy debt-ceiling
DealDebt Biden McCarthy Ceiling debt-ceiling
StocksBuy AI These Growth Watch
CeilingDebt Deal Biden debt-ceiling McCarthy
BidenDeal Debt McCarthy Ceiling reach
StockBuy AI Growth Nvidia Market
debt-ceilingdeal Biden reach default Republicans
ChinaBoeing C919 takes commercial talks
HereWhere Day There Burger time
TimeYork debt Sunday Limit Burger

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • c/o CommunityScape | 200 Anderson Avenue
    Rochester, NY 14607
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2023 CEOExpress Company LLC