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Stocks rise as Fed signals fewer rate cuts

U.S. stocks rose modestly after Fed forecasts fewer interest rate cuts; jobless claims down, GDP revised up to 3.1%.

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U.S. stocks experienced a rise, recovering from a significant decline the previous day, following Federal Reserve predictions of fewer interest rate cuts and increased inflation next year.

Economic indicators supported the Fed’s outlook, with initial jobless claims falling more than anticipated, and a revision of third-quarter gross domestic product (GDP) showing a 3.1% increase, up from the previously reported 2.8%.

Tim Ghriskey, a senior portfolio strategist at Ingalls & Snyder in New York, noted that the Fed’s message indicated interest rates would not decrease further if inflation did not decline. Recent inflation trends have raised concerns for the Fed.

Despite the market’s bounce back, there is a lack of strong conviction in the recovery.

Market gains

The Dow Jones Industrial Average rose by 235.23 points, or 0.56%, reaching 42,561.75.

The S&P 500 followed with an increase of 28.11 points, or 0.48%, to 5,900.05, while the Nasdaq Composite gained 99.50 points, or 0.52%, to 19,492.13.

This bounce marks a potential end to the Dow’s ten-session losing streak, its longest since 1974.

Both the Dow and S&P 500 faced their most significant one-day percentage drop since early August, and the Nasdaq recorded its largest daily fall since July, following the Fed’s announcement of limited rate cuts predicted for 2025.

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U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

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Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.


US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights


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Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

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Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.


Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker


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S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

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S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

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