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Wall Street heads into midweek directionless as traders eye Fed minutes
Proactive33d agoneutral
Wall Street heads into midweek directionless as traders eye Fed minutes

Ding, dong. And good morning. Wall Street is limping toward the midpoint of a rough week, and Wednesday is not offering much of a hand up. Futures for the Dow and S&P 500 are loitering around the flat line, while the Nasdaq-100 is nudging slightly higher. Nobody looks in a hurry to...

Stock Market: Will S&P 500 Open Up or Down Today?
Benzinga Prediction Markets33d agoneutral
Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures trended lower early Wednesday following a brutal sell-off in Asian markets and as investors await the release of the Federal Reserve’s August FOMC meeting minutes. The Polymarket (CRYPTO: POL) crowd is split on the Aug. 19 trading...

What’s Moving the Market Today?
The Wall Street Journal34d agoneutral
What’s Moving the Market Today?

U.S. stocks are trading lower today. The Nasdaq is down 1.4%, the Dow Jones Industrial Average is off 0.1% and the S&P 500 is down 0.6%. Here is what is driving the markets today: Worldwide bond selloff: An accelerating bond selloff in recent days has pushed some Treasury yields to levels not seen since 2007.

Global shares slip as worries about rising oil prices offset boost from strong earnings
Associated Press34d agoneutral
Global shares slip as worries about rising oil prices offset boost from strong earnings

Global shares were mostly lower on Tuesday, as rising oil prices and worries about inflation countered the boost to sentiment from robust corporate earnings reports. In Asia, Japan's benchmark Nikkei 225 sank 2.5% to finish at 67,460.73. Hong Kong's Hang Seng gained nearly 0.1% to 25,471.15, while the Shanghai Composite added 0.2% to 3,990.30.

World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower
Associated Press35d agoneutral
World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower

Such data could help the Federal Reserve keep interest rates low, which is positive for investors. The Fed has no good tool to fix both a stagnating economy and high inflation at the same time, which is why what’s called “stagflation” is seen as a worst-case scenario. Wall Street and economists will get more details about the Federal Reserve’s interest rate policy when the central bank releases minutes from the July meeting on Wednesday.

S&P 500 Logs Third Consecutive Weekly Gain
The Wall Street Journal38d agoneutral
S&P 500 Logs Third Consecutive Weekly Gain

Stocks edged back from records Friday, with investors weighing weaker-than-anticipated economic data against an earnings season that has defied expectations. Stocks initially opened higher Friday morning as investors interpreted unexpected weakness in consumer spending and sentiment as further evidence that the Federal Reserve won’t raise interest rates at its September meeting. Coming on the heels of softer inflation data and a cooling labor market, the figures reinforced bets that the central bank will stand pat on rates.

The Joy of Markets: Wall Street Bathes in the Light, but Darkness Is Creeping In
Barrons.com38d agoneutral
The Joy of Markets: Wall Street Bathes in the Light, but Darkness Is Creeping In

Bob Ross, perhaps America’s most prolific artist, created more than 30,000 portraits over his long career in television through simple techniques, a narrow array of colors, and a gentle mannerism. A similar approach to financial markets this summer, however, would be terribly difficult to replicate. Stocks are flying off the shelves, bonds are warning of massive economic and inflation risks while simultaneously discounting Federal Reserve rate hikes, and volatility readings are at the lowest levels of the year despite myriad geopolitical risks.