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The Latest Breaking News from Quincy Krosby

Stocks Rally In Response To Trump's Choice For Next Treasury Secretary

The Dow Jones Industrial Average closed at a record high Monday as investors breathed a sigh of relief over the selection of hedge-fund founder Scott Bessent as treasury secretary.

International Business Times

Stock Market Today: Dow Hits New High After Upbeat Inflation Data

The Fed's preferred inflation gauge continues to cool. Markets shift focus to next week's jobs report.

Kiplinger

Fed Chair Powell’s Jackson Hole speech just got a lot less predictable

The economic data is difficult to parse, and that means Powell’s speech has become correspondingly more difficult to foretell.

Fortune

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Stock Market Today: S&P 500 Nabs New Record Close After February CPI

Strong gains for Oracle and Nvidia helped the main indexes brush off hotter-than-anticipated inflation data.

Kiplinger

Stock Futures Rise Ahead Of Key Inflation Data

Wall Street cautiously optimistic as October inflation data looms

Zenger

Stocks are soaring as Wall Street celebrates a cooler-than-expected inflation report that could signal the end of the Fed's rate hikes: ‘The immaculate disinflation continues’

“The Fed is increasingly likely to be in a position to cut rates in the second quarter of 2024,” Lazard's chief market strategist says.

Fortune

Nasdaq, S&P 500 Futures Edge Up Ahead Of Key Inflation Data; Analyst Says Week’s Main Street Events Could Awaken Market

The mood on Wall Street relays cautious optimism as stock futures traded modestly higher ahead of the open on Tuesday

Zenger

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S&P 500 Opens Higher As New Data Nods To Rate Hike Pause, Economists Weigh In

S&P 500 leaped higher in trading action even though Federal Reserve's favored inflation measure recorded an increase of 3.3%

Zenger

Here's why top economists are calling Fitch's decision to downgrade America's credit rating 'bizarre and inept'

“The rating downgrade of the United States reflects the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance," Fitch Ratings said.

Fortune

Stock Market Today: Stocks Finish Mostly Higher After First Citizens Buys SVB Assets

The Nasdaq closed lower, though, as mega-cap tech stocks declined.

Kiplinger

'Position For A Recovery In The Stock Market': 8 Experts React To October Jobs Report, What It Means For The Fed

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October.

Benzinga

Wall Street Expects Another 0.75% Interest Rate Hike This Week, But Timing Of Fed Pivot Is Key

The SPDR S&P 500 ETF Trust (NYSE: SPY) gave up some of its October gains on Monday morning ahead of a critical Federal Open Market Committee inte

Benzinga

'Begin Preparing For A Recession': 8 Experts React To Jobs Report, Stock Market Sell-Off

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from September.

Benzinga

Treasury Bond Yields Hit 11-Year Highs As Investors Brace For 3rd Consecutive Fed Interest Rate Hike

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control.

Benzinga

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news in one place.

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Benzinga

Hot Wage Growth, 'Encouraging' Jobs Data: 5 Experts React With Interest Rates Hanging In The Balance

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August.

ABC News

ASX rallies as financials, miners advance, while Imugene soars as gold stocks tumble

Australian shares jump in a broad-based rally, with heavyweight financials leading the gains as investors shrugged off recession fears.

Benzinga

Market Awaits Fed Rate Hike Decision: How Aggressive Will The FOMC Get Today?

The SPDR S&P 500 ETF Trust (NYSE: SPY) rebounded a bit from its early week downturn on Wednesday morning ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET.

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