In 2019, the Fed cut interest rates and restarted quantitative easing despite a healthy economy. Today, it is above the Fed’s target, economic growth is above historical trends and financial markets are calm and exuberant. Nevertheless, the Fed is talking about cutting interest rates and reducing the QT. The only reason for this is concern … Read more
NEW YORK (dpa-AFX) – On Friday, the US stock exchanges partially continued their series of losses of the past few days. Investors fear further rate hikes by the US Federal Reserve and are looking at the economy in China with growing concern – above all because of the worsening real estate crisis there. While the … Read more
NEW YORK Current economic data underpinned the robust economy in the USA and should give further grist to the mills of those who fear interest rate hikes by the US Federal Reserve in September as well. The business climate in the economic region of Philadelphia brightened up surprisingly and significantly in August in a monthly … Read more
NEW YORK (dpa-AFX) – The US jobs report for July caused optimism on Wall Street and the Nasdaq stock exchanges on Friday. Increasingly, the mixed data has been interpreted as suggesting the end of the rate hike cycle may be near. As LBBW analyst Dirk Chlench wrote, a weakening is slowly emerging on the labor … Read more
NEW YORK (dpa-AFX) – The US stock markets are likely to continue their series of losses of the past two trading days on Thursday. The fact that the rating agency Fitch has withdrawn the coveted top rating for creditworthiness from the USA is still having an effect, according to the trade. This step caused clear … Read more
NEW YORK (dpa-AFX) – After the recent strong run on the US stock market, the most important indices remained stable on Monday. Hopes of an end to interest rate hikes by the US Federal Reserve boosted the stock exchanges over the course of the month, meaning that profits should be posted for July. The reporting … Read more
NEW YORK IG sees the Nasdaq 100, which has been doing much better since the beginning of the year and has recently been weakening, up 0.3 percent at 15,468 points. The interest rate decision by the US Federal Reserve is on the agenda for Wednesday. It is widely expected to raise interest rates again. However, … Read more
NEW YORK Things looked different on the technology-heavy Nasdaq stock exchange, where investors were disappointed by two particularly heavily weighted companies. The Nasdaq 100 selection index fell 1.46 percent to 15,595.64 points. The market-wide S&P 500 lost 0.50 percent to 4542.77 points. Johnson & Johnson (J&J), IBM and Travelers led the Dow. The pharmaceutical and … Read more
NEW YORK Market participants are apparently optimistic that the US Federal Reserve will not raise interest rates further on Wednesday, commented analyst Edward Moya from broker Oanda. After ten increases in a row, bank economists are now also expecting a monetary policy pause due to the cooling economy and the trend towards falling inflation. Another … Read more
NEW YORK (dpa-AFX) – The US stock market lost some of its strength in trading before the weekend. However, the technology sector once again held up well above average. The Nasdaq 100 Although it came back a little after another high since the beginning of April 2022, it still maintained a plus of 0.6 percent … Read more