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Oleksandr Pylypenko

S&P Futures Plunge Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns

Oil Inflation the Federal Reserve US Federal Reserve United States China European Central Bank Japan JPMorgan

December S&P 500 futures (ESZ23) are trending down -0.51% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

In Monday’s trading session, Wall Street’s major averages closed just above the flatline. Apple Inc (AAPL) rose over +1% on optimism regarding robust pre-orders for the company’s latest iPhone 15. Also, Alteryx Inc (AYX) climbed more than +4% after Morgan Stanley upgraded the stock to Overweight from Equal Weight. On the bearish side, Tesla Inc (TSLA) fell over -3% and was among the top percentage losers on the tech-heavy Nasdaq 100 after Goldman Sachs slightly lowered its 2023 and 2024 earnings estimates for the electric vehicle giant. In addition, Arm Holdings (ARM) plunged more than -4% after Bernstein initiated coverage of the stock with an Underperform rating.

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Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

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Federal judge halts ICE detention centre construction at California site over environmental review

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Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

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Democratic Senate candidate’s remarks come as Trump has long baselessly claimed his 2020 election loss was stolen

The Guardian - US

Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

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Dr. Kris L. Taylor and Camille Angulat-Nieto received over 20 prescriptions for ‘Punkin’ a dog that was already dead

The Independent UK

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A Florida appeals court ordered a grand jury report on $10 million from a Centene Medicaid settlement expunged. What the ruling says and what remains open.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Federal judge halts ICE detention centre construction at California site over environmental review

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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