The Latest Breaking News from US Federal Reserve

Having weathered numerous challenges that tumultuously affected bank stocks earlier this year, is the coast clear to dive into this sector? Unfortunately, the answer is not so straightforward. With the uncertainties looming, let’s examine the current landscape of the U.S. banking industry and discuss the investment appeal of bank stocks…

Can the U.S. economy achieve a much-hyped “soft landing”

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.48%. Stocks on Thursday posted moderate gains, with the Nasdaq...

The dollar index (DXY00 ) on Thursday fell by -0.58%. Thursday’s main bearish factor for the dollar was a sharp rally in the yen to a 4-month high on speculation that the BOJ might soon exit its ultra-easy monetary policy. Thursday’s rally in stocks also curbed the liquidity demand for...

U.S. stocks rallied sharply in November, which lowers the odds of a "Santa Claus" rally in December. Markets might still see some upward movement during the month, though, as valuations don't seem too high - if not outright cheap.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.16%. Stocks this morning are moderately higher, led by strength...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.14%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.37%. Stock index futures this morning are mildly higher, led by strength in technology stocks, with Alphabet and Advanced Micro Devices up more than +2% in pre-market trading....

December S&P 500 futures (ESZ23) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.13% this morning as global bond yields climbed amid speculation that the Bank of Japan will soon scrap the world’s last negative interest-rate regime, with the focus now shifting to Friday’s U.S. jobs…

Yields are much more attractive now, but you should use discretion to find the bond allocation that’s best for you.

Asian stocks sank Thursday, extending a rollercoaster week across world markets as investors jockey for position ahead of key US jobs data, while oil struggled to bounce back after hitting a five-month low.

Recession is likely, Citi's CEO told a Senate panel today, a sentiment echoed by JP Morgan's chief executive last week.