The major focus of the stock market investors on Wall Street in the week ahead will be on the US Federal Reserve’s monetary policy meeting scheduled for January 30-31 and chairman Jerome Powell’s subsequent press conference. The US central bank is widely expected to keep interest rates unchanged, but investors and traders will look for
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On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. On January 24, data for January on
On Wall Street in the week ahead, investors will eye quarterly earnings reports and the energy market as the Middle East tensions could spark a further rise in oil prices. Last week, oil prices climbed after US and British airstrikes in Houthi-controlled areas of Yemen added to the ongoing tensions in the Middle East. Investors
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“Long term, I’m still very bullish. But near term I just worry that everybody is coming into the year feeling too good,” the Neuberger Berman senior portfolio manager told CNBC’s “Fast Money” on Tuesday. On the year’s first day of trading, the tech-heavy Nasdaq fell 1.6% percent, the S&P 500 fell 0.6%, and the Dow
If you were waiting to hear a collective sigh of relief from commercial real estate capital markets, then you probably heard it on Dec. 13, 2023. On that day, Federal Reserve Chairman Jerome Powell announced that the federal funds rate — the benchmark, short-term interest rate — would remain at 5.25 to 5.5 percent for