Here are the most important news, trends and analyzes that investors need to start their trading day: 1. Shares are bullish after selling on Thursday Traders work on the floor of the New York Stock Exchange. NYSE U.S. Clobeld tech stocks rallied again on Thursday after stock futures bounced back …
Read More »The Fed moves that signal a growing focus on the risk of a climate reversal
Federal Reserve Chair Jerome Powell prepares for a House Financial Services Committee hearing on “Treasury Department Oversight and the Federal Reserve’s Epidemic” on December 2, 2020 at the Riburn House Office Fee Building in Washington DC. Jim Low Scalzo | Reuters The Federal Reserve has taken a step that will …
Read More »‘The temptation to buy’
Jim Kramer of CNBC, who has been warning people for weeks to lock-in on the profits of some stocks, advised investors to find places to buy potentially in the wake of Monday morning’s sharp market sell-off. Expressing concern about Europe’s second coronavirus lockdown, Kramer said: “We’re landing on something that …
Read More »Fed favors inflation debate and sends message to market – no rate hike for years
Jerome Powell, chairman of the US Federal Reserve, speaks at a news conference after the Federal Open Market Committee (FOMC) meeting in Washington on February 29, 2020. Andrew Herrer | Bloomberg | Getty Images The Fed doesn’t expect inflation to rise for years, and is willing to keep rates at …
Read More »5 things to know before the stock market opens August 12, 2020
1. Stock futures rally as Wall Street tries to bounce back from first loss in eight sessions US stock futures looked sharp Wednesday as traders attempted to recover from a tech-led pullback in the previous session. The futures of the Dow Jones Industrial Average were up 261 points, or almost …
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