One trader suggests that runaway inflation isn’t looming, but instead, there’s a risk of asset prices spiraling out of control. With the latest strong official jobs report for March now available, traders are bracing for five more months of stagnant consumer-price index (CPI) reports, expected to hover between 3.2% and...
Equities might encounter obstacles if data dampens hopes for a June rate cut, according to a strategist’s warning. With Friday marking the release of the jobs report, there’s heightened anticipation in the stock market, which has seen a downturn this week as investors gauge the likelihood of Federal Reserve rate...
In 2024, market strategists caution that a vigorous global economic recovery is propelling a striking surge in commodity prices. This surge poses a challenge to the Federal Reserve’s efforts to contain inflation and could complicate its plans to cut interest rates by mid-year. Commodities ranging from oil and gasoline to...
Stock markets cruised to record highs in the first quarter, but now, surging Treasury yields and oil prices are changing the tune. The Dow Jones Industrial Average dropped over 500 points shortly after opening on Tuesday, marking a second consecutive day of declines. By afternoon, the index was down around...
As a new quarter begins, there’s a slight dip in stock momentum compared to premarket activity. After reaching its 22nd record high, the S&P 500 closed the first quarter, suggesting a potential pause ahead. Investors are analyzing comments from Fed Chair Jerome Powell, who recently stated that he didn’t see...
Throughout the first quarter, more stocks participated in the market rally, offsetting some of the weakness observed in Big Tech. Analysts anticipate this trend to persist. Individual stocks contributed to the strength of the S&P 500 index, dispelling concerns about narrow market gains. Recent data shows that the number of...
