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Shares of Meta Platforms (NASDAQ:META) plunged 13.5% last week, its sharpest weekly loss since January, when the stock plummeted 21.15%, closing at $146.29, a mere $0.28, or 0.02% from its pandemic...
The Fed is expected to raise its rate by at least 75 bp this week BIS is urging central banks to front-load rate hikes to tame inflation ECB is under pressure on both rates and quantitative...
It was a reasonably dull day for the market yesterday, with the S&P 500 flirting around the flat line all day. We did catch a late-day rally, with the index rising around 70 bps. Most of the rally...
Risk markets were able to lift slightly on Wall Street overnight, with European bourses still in hesitation mode and UK markets closed for the Queen’s funeral. The USD pulled back slightly as...
The S&P 500 Index was clobbered last week, suffering its worst selloff since June. Ongoing jumbo rate hikes, even at the risk of a recession coupled with inflation, finally hit investors'...
Stocks plunged 10% since mid-August Unsettling CPI data and a worrisome FedEx earnings pre-announcement Positive seasonality begins over the coming weeks It was the best of times; it was the worst of...
The S&P 500 and Nasdaq finished the week lower by around 5 and 6%, respectively. It is tough to find many bright spots in this market, especially with what is taking place in real rates. Options...
Investors are catching on - the Fed means business All eyes are on FOMC next Weds. Steepening inverted yield increases likelihood of a consensus on recession It's official. The Federal Reserve is...