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Nasdaq, US stocks slide as Fed forecasts possible rate hike
Yahoo Finance Video49d agoneutralVIDEO
Nasdaq, US stocks slide as Fed forecasts possible rate hike

US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.

Bank of America sees Exxon differently than oil market
TheStreet49d agoneutral
Bank of America sees Exxon differently than oil market

Exxon Mobil (XOM) stock hasn’t been moving as much, considering the loud warnings from the oil market. The Guardian reports that Brent crude has been dropping fast as traders price in a reduction in Strait of Hormuz risks, and investors have reason to be cautious. Exxon dropped 6.52% over the ...

Goldman Sachs spots stock market’s next winners
TheStreet49d agoneutral
Goldman Sachs spots stock market’s next winners

Goldman Sachs is telling stock market investors that the old winning formula is breaking. For years, investors have been following the same playbook: falling rates, capital-light technology, higher valuations, and a narrow group of stocks doing most of the heavy lifting. The call lands with ...

MillerKnoll (MLKN): Buy, Sell, or Hold Post Q1 Earnings?
StockStory49d agoneutral
MillerKnoll (MLKN): Buy, Sell, or Hold Post Q1 Earnings?

Over the past six months, MillerKnoll’s shares (currently trading at $15.72) have posted a disappointing 10.4% loss, well below the S&P 500’s 12.4% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Nasdaq Futures Rising as Iran Peace Deal Boosts the Market Ahead of Fed Decision
Barrons.com50d agoneutral
Nasdaq Futures Rising as Iran Peace Deal Boosts the Market Ahead of Fed Decision

Stocks were on track to rise Wednesday after more details about the U.S.-Iran peace deal leaked, bolstering hopes that the two countries are on the brink of reaching an agreement to end the war in the Middle East. Futures tracking the tech-heavy Nasdaq 100 gained 0.5%, while S&P 500 futures added 0.1%. The market looked set for a broader rally on Wednesday after The Wall Street Journal reported that the U.S. would allow Iran to immediately begin selling oil and fuel under the deal to end the war, citing people familiar with the agreement.

IQVIA (IQV): Buy, Sell, or Hold Post Q1 Earnings?
StockStory50d agoneutral
IQVIA (IQV): Buy, Sell, or Hold Post Q1 Earnings?

Over the last six months, IQVIA’s shares have sunk to $177.52, producing a disappointing 19.8% loss - a stark contrast to the S&P 500’s 12.4% gain. This might have investors contemplating their next move.

Review & Preview: Warsh Watch
Barrons.com50d agoneutral
Review & Preview: Warsh Watch

The Dow rose 332 points, or 0.6%, to finish at a record high. Despite the downward slide of oil prices, trading ahead of Wednesday’s Fed interest rate decision was relatively “light and featureless,” writes Joe Mazzola, head trading and derivatives strategist at Charles Schwab. Kevin Warsh’s first press conference as Fed chairman is the big event tomorrow (more on that below), but the U.S. Census is also set to release a significant economic barometer on Wednesday morning: May retail sales.