Browsing: Federal Reserve

The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.

The Federal Reserve’s upcoming rate decision could signal broader concerns about the economy, with analysts divided over the size of the expected cut.

European and Asian markets dropped Friday as investors awaited key U.S. payroll data. The expected report could shape the Fed’s next interest rate decision

Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this week.

The S&P 500 posted a 2.3% gain in August, reversing early losses, driven by strong performances in sectors like consumer staples, real estate, and healthcare.

Nvidia’s earnings, a significant indicator for AI investments, are set to reveal, potentially driving major shifts in tech stock dynamics and market stability.

Following Powell’s remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts.

As Wall Street grows bullish, gold prices might hit $3,000 next year, driven by geopolitical tensions and central bank buys.

Amid a weakening dollar and rising expectations of a Fed rate cut, gold prices reached a record high of $2,500.99 per ounce, signaling strong market confidence.

Stock markets rebound as Dow and S&P 500 climb, driven by robust retail sales and promising labor data, signaling a decrease in recession fears and restoring investor confidence.