News

August prints on Retail Sales and Imports were higher than expected this morning. All eyes are on today's interest rate decision from the Fed.

Traders expect a 92% chance the Fed will hike interest rates on Wednesday.

The 2-year bond yield, at +4.65%, is still 90 bps above the current high end of interest rates.

Dow Rallies 500 Points as Oil Prices Slide Despite Rising Fed Rate-Hike Bets

We're now looking at a 200 bps margin on PPI-CPI headlines, 240 bps on core.

But futures were mixed, with S&P 500 futures marginally up, while Dow and Nasdaq futures slightly eased.

Nonfarm payrolls grew by 162,000 in August, while the unemployment rate held steady at 4.1%.

The S&P 500 Index ($SPX ) (SPY ) is down by -0.16% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. E-mini S&P futures (ESU26 ) are down -0.138%, and September E-mini...

Federal Reserve Governor Christopher Waller advocated leaving rates unchanged, provided inflation showed signs of cooling off.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.49% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.54%. E-mini S&P futures (ESU26 ) are up +0.50%, and September E-mini...

The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.18%. E-mini S&P futures (ESU26 ) are up +0.10%, and September E-mini...

In a post on X, El-Erian said the balancing act would be “difficult to strike” and “almost certain to leave some unsatisfied.”

Treasury yields declined, as the benchmark 10-year Treasury note yield dropped by over 7 basis points to reach 4.63%.

The U.S. Treasury chief threatened economic sanctions against any country doing business with Iran.

Core CPI, which excludes food and energy, advanced 0.2% last month, with the overall annual inflation rate landing at 3.4%.

The S&P 500 Index ($SPX ) (SPY ) is up +0.25%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.85%. September E-mini S&P futures (ESU26 ) are up +0.38%, and September E-mini Nasdaq futures (NQU26...

WTI crude crossed $78 as uncertainty over an Iran-Oman shipping agreement fueled inflation concerns.

Dow ended lower following five consecutive sessions of gains.

The benchmark 10-year Treasury yield topped 4.7% on the day, its highest level since January 2025.

Wall Street Gains Momentum as Inflation Cools and Bond Yields Retreat

The S&P 500 Index ($SPX ) (SPY ) today is up +1.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.69%. September E-mini S&P futures (ESU26 ) are up +1.09%, and September E-mini Nasdaq futures...

Markets will be watching out for quarterly results from Amazon, Apple, Meta and Microsoft this week.

Markets were primarily focused on earnings from major companies, alongside rising oil prices due to the continued tensions between the U.S. and Iran.

Brent crude topped $100 a barrel, stoking inflation fears and driving Treasury yields to their highest levels of the year.

Alphabet hiked its 2026 capex spending outlook in its earnings call shortly after market close.

The Philadelphia Semiconductor Index jumped over 5%, its best single-day gain in a month, as bargain buyers piled onto semiconductor stocks.

Alphabet, Tesla, and Intel are among the key companies reporting their second-quarter results later this week.

The companies you own inside this consumer staples fund are collectively signaling stronger profits are on the way.

According to data from the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) for June rose 3.5% year-on-year, below market expectations.

The consumer price index in June fell 0.4% on the month, bringing the annual inflation rate to 3.5%.