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Stock Futures Surge as Wall Street Buys the Dip Following Fed Selloff
Barrons.com2d agobullish
Stock Futures Surge as Wall Street Buys the Dip Following Fed Selloff

Stocks were on track to open higher on Thursday as oil prices retreated and investors got over the worst of their worries about the Federal Reserve’s fight against inflation. Nasdaq 100 futures jumped 1.1%. The S&P 500 and the Dow both dropped the previous session after the Fed hiked interest rates for the first time in more than three years, with Chairman Kevin Warsh signaling there could be more tightening.

Fed’s Warsh Says Interest Rates Aren’t Holding Economy Back
The Wall Street Journal2d agoneutral
Fed’s Warsh Says Interest Rates Aren’t Holding Economy Back

Fed Chairman Kevin Warsh didn’t give market participants much hope that Wednesday’s rate increase would be a one-and-done event. Asked whether he thinks monetary policy is weighing on economic activity following the hike, Warsh said that he “found it difficult to describe financial conditions as restrictive” and that most of his colleagues at the Fed agree.

Does a Fed Interest Rate Hike Make Stocks Go Down?
The Wall Street Journal2d agoneutral
Does a Fed Interest Rate Hike Make Stocks Go Down?

The Federal Reserve’s expected rate hike is unlikely to hurt the stock market much—that is, if recent history is any guide. The Fed has launched rate-hike campaigns six times since the mid-1990s. In most cases, stocks took a hit in the first four months after the initial rate increase, but then quickly recovered, according to an analysis by LPL Financial.