As Fed rolls out its first interest-rate hike in 3 years, market braces for more increases
The Fed’s policy-making committee was unanimous in its decision to hike, but forward guidance was split.
277 headlines. Of the 215 with a specific market target, 103 were positive, 73 negative and 39 neutral — overall mood leaning optimistic. Most mentioned: SPY, FED, DJI.
The Fed’s policy-making committee was unanimous in its decision to hike, but forward guidance was split.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business.
Oil markets appear to have reached the inflection point that many analysts had predicted weeks ago as the Middle East conflict re-escalated with no diplomatic push in sight and global inventories continue to slump. Oil prices are back…
The Dow Jones Industrial Average fell on Wednesday after the Federal Reserve hiked interest rates for the first time in three years.
The Federal Reserve raised its benchmark interest rate by a quarter percentage point.
The daily rate for commissioning a tanker topped $1 million for the first time in history amid a tightening supply of vessels to carry crude oil and fuels whose owners are willing to dare the Strait of Hormuz. The squeeze is adding…
The dollar index (DXY00 ) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support Wednesday on signs of US economic growth after Aug retail sales rose more than expected. The dollar raced to its high…
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.45% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.02%. E-mini S&P futures (ESU26 ) fell…
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
The dollar index (DXY00 ) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support Wednesday on signs of US economic growth after Aug retail sales rose more than expected. The dollar raced to its high…
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.45% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.02%. E-mini S&P futures (ESU26 ) fell…
OpenAI has disclosed six new cases of model misbehavior and offered a framework for disclosing future instances, as the debate over AI model safety intensifies.
The daily rate for commissioning a tanker topped $1 million for the first time in history amid a tightening supply of vessels to carry crude oil and fuels whose owners are willing to dare the Strait of Hormuz. The squeeze is adding…
Corn futures saw some late session strength as contracts closed with losses of 1 ½ to 2 ¼ cents across the board on Wednesday. The CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.89. The weekly EIA report showed…
Cotton futures were steady to 66 points lower, led by the front month October contract. Crude oil was back down $3.69 per barrel on the session, with the US dollar index up $0.719. As most expected the Fed raised rates by 0.25% on…
Soybeans closed the midweek session pushing higher into the close, as contracts were 1 ¾ to 3 ½ cents higher. The cmdtyView national average Cash Bean price was up 1 3/4 cents at $12.62 ¾. Soymeal futures were back 20 cents lower to…
Live cattle futures saw weakness into the Wednesday session, as contracts were down $2.10 to $3.77. Cash trade has yet to get kicked off this week, with a few $224 live bids in the South and $345-348 dressed bids in the North. The…
Lean hog futures closed mixed on Wednesday, with contracts down 40 cents to 30 cents higher on the session. USDA’s national base hog price was reported at $82.60 on Wednesday afternoon, down $1.98 from the day prior. The CME Lean Hog…
The wheat complex rounded out the Wednesday session, with the three exchanges pushing higher. Chicago SRW contracts closed with contracts 1 ½ to 6 ½ cents in the green. KC HRW futures were 1 to 5 cents in the green at the close. MPLS…
The Lindsey Graham Russia sanctions bill is on a path to become law after the House votes in favor.
The S&P 500 Index ($SPX ) (SPY ) is up by +0.18% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.68%. E-mini S&P futures (ESU26 ) are up +0.29%, and…
The Fed’s policy-making committee was unanimous in its decision to hike, but forward guidance was split.
“They had been married for over 30 years when she passed.”
Corn futures are trading with 6 cent losses across the front months at midday. The CmdtyView national average Cash Corn price is down 6 cents at $4.84 1/2. The weekly EIA report showed ethanol production at 1.099 million barrels per day…
Oil markets appear to have reached the inflection point that many analysts had predicted weeks ago as the Middle East conflict re-escalated with no diplomatic push in sight and global inventories continue to slump. Oil prices are back…
First deliveries of Generac’s backup power generators are worth $2.4 billion.
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business.
Cotton futures are trading with contracts up 4 points to 12 points lower in the front months. Crude oil is back down $3.30 per barrel on the session, with the US dollar index up $0.104. The Seam reported an average sale price of 80.51…
“For projects and supply chains, our standard will be simple: One project. One review. One year,” Carney said.
October Nymex natural gas (NGV26 ) on Wednesday closed down -0.028 (-0.96%). Nat-gas prices retreated from a 1-week high on Wednesday and settled lower as a decline in European nat-gas prices to a 1-week low sparked long liquidation in…
Back in early February 2022, Vladimir Putin had his first in-person meeting with his Chinese counterpart Xi Jinping for nearly two years, at the opening of the Winter Olympics ceremony in Beijing. To avoid disrupting this landmark event…
Argentina's controversial right-wing president, Javier Milei, slashed inflation with a brutal dose of economic austerity, but this came at a steep social cost. The cost of living is spiraling higher, fueling household debt, loan…
Billionaire Leon Black is suing the House Committee on Oversight and Government Reform seeking to block subpoenas it issued him in its probe of Jeffrey Epstein.
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.
Investors are looking further down the AI data-center supply chain for signs of demand amid concerns of a spending slowdown, one expert says.
December ICE NY cocoa (CCZ26 ) is up +57 (+0.96%) today, and December ICE London cocoa #7 (CAZ26 ) is up +64 (+1.48%). Cocoa prices are moving higher today as they continue to trade sideways between last Tuesday’s 3-week low and the…
October WTI crude oil (CLV26 ) closed down -3.40 (-3.21%) on Wednesday, and October RBOB gasoline (RBV26 ) closed up +0.0198 (+0.57%). Crude oil and gasoline prices settled mixed on Wednesday, with gasoline climbing to a 3-week…
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 21, Gevo Inc's Director, James J. Barber, invested $77,000.00 into 50,000 shares of…
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on June 12, Expand Energy Corp's CEO, Michael Wichterich, invested $88,900.00 into 1,000 shares…
In trading on Wednesday, shares of the Bahl & Gaynor Income Growth ETF (Symbol: BGIG) entered into oversold territory, changing hands as low as $35.625 per share. We define oversold territory using the Relative Strength Index, or RSI,…
In trading on Wednesday, shares of the iShares MSCI BIC ETF (Symbol: BKF) entered into oversold territory, changing hands as low as $39.195 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a…
In trading on Wednesday, shares of the Vanguard Short-Term Bond ETF (Symbol: BSV) entered into oversold territory, changing hands as low as $76.62 per share. We define oversold territory using the Relative Strength Index, or RSI, which…
In trading on Wednesday, shares of the Bahl & Gaynor Dividend ETF (Symbol: BGDV) entered into oversold territory, changing hands as low as $30.08 per share. We define oversold territory using the Relative Strength Index, or RSI, which…
In trading on Wednesday, shares of the Congress Intermediate Bond ETF (Symbol: CAFX) entered into oversold territory, changing hands as low as $24.1493 per share. We define oversold territory using the Relative Strength Index, or RSI,…
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the…