The Latest Breaking News from Richmond Fed

Stocks Rise on Dovish Fed Comment

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. Stocks this morning are mildly higher, with the S&P...

Barchart · Dec 19, 2023

Strength in Tech Stocks Powers the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.74%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.19%. Stocks on Monday rallied, with the S&P 500 posting...

Barchart · Nov 20, 2023

Dollar Retreats on Lower Bond Yields and Strength in Stocks

The dollar index (DXY00 ) on Monday fell by -0.47% and posted a 2-1/2 month low. The dollar Monday posted moderate losses and remains under pressure after last week’s better-than-expected U.S. inflation news and weekly jobs data that point to a slowing labor market bolstered speculation the Fed is down...

Barchart · Nov 20, 2023

Stocks Fade on Weakness in Technology and Bank Shares

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.19%. Stocks on Tuesday settled moderately lower. Technology stocks gave...

Barchart · Aug 22, 2023

Stocks Track Fluctuations in Tech Stocks and Mixed U.S. Economic News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. Stocks this morning are mixed. Tech stocks are supporting...

Barchart · Aug 22, 2023

Stocks Soar on Speculation Fed Rate Hikes May Ending

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.54%. Stocks this morning rallied, with the S&P 500 at...

Barchart · Jul 12, 2023

Stocks Set to Open Lower as Investors Await Powell Testimony, China’s Rate Cut Disappoints

September S&P 500 futures (ESU23) are down -0.48%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.53% this morning as concerns over the Chinese economy weighed on risk appetite, while investors looked ahead to testimony from Federal Reserve Chair Jerome Powell for more cues on the U.S. central bank’s…

Barchart · Jun 20, 2023

Stocks Retreat as Hawkish Fed Comments Push Bond Yields Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.32%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -0.67%. Stock indexes on Friday gave up early gains and...

Barchart · Jun 16, 2023

Dollar Recovers as Bond Yields Climb on Hawkish Fed Comments

The dollar index (DXY00 ) on Friday recovered from a 5-week low and rose by +0.18%. Hawkish Fed comments Friday from Richmond Fed President Barkin and Fed Governor Waller pushed bond yields higher and sparked short covering in the dollar. Also, the stronger-than-expected University of Michigan U.S. Jun consumer sentiment...

Barchart · Jun 16, 2023

Stocks Moderately Lower After a Stellar Week of Gains

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.5%. U.S. stocks are lower, after the S&P 500 reached...

Barchart · Jun 16, 2023