The Latest Breaking News from US Federal Reserve

Oil extended losses Thursday after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while equities struggled after two US reports dented recent euphoria over the future of interest rates.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.43%. Stocks on Wednesday finished higher, with the S&P 500...

The dollar index (DXY00 ) on Wednesday rose by +0.34%. Stronger-than-expected U.S. economic news Wednesday on weekly jobless claims and University of Michigan U.S. Nov consumer sentiment and inflation expectations supported moderate gains in the dollar. Also, higher T-note yields on Wednesday strengthened the dollar’s interest rate differentials. U.S. economic...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.56%. Stocks this morning are moderately higher, with the S&P...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.24%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.38%. Stock index futures are mildly higher on some positive corporate news. Nvidia is up more than +1% in pre-market trading, recovering from a -5% drop after investors...

The central bank officials have recently expressed little interest in cutting rates anytime soon. With the recent Fed meeting minutes suggesting a continuation of a “restrictive” policy, rates will likely remain higher for longer. In this piece, I have discussed how the U.S. banking industry is expected to perform amid…

December Nasdaq 100 E-Mini futures (NQZ23) are trending up +0.34% this morning as U.S. Treasury yields continued to fall, with investors digesting earnings from chip designer Nvidia and bracing for a slew of U.S. economic data ahead of the U.S. Thanksgiving holiday.

Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells

December Nasdaq 100 E-Mini futures (NQZ23) are trending up +0.12% this morning as U.S. Treasury yields continued to fall, with investors digesting earnings from chip designer Nvidia and bracing for a slew of U.S. economic data ahead of the U.S. Thanksgiving holiday.

Shares are mostly lower in Asia after Wall Street’s rally ran out of momentum

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.58%. Stocks on Tuesday posted moderate losses as some disappointing...