The Latest Breaking News from US Federal Reserve

With rising spending on digital transformation initiatives, the adoption of cutting-edge technologies, and the growing demand for tech-related products and services, the tech industry looks well-positioned for steady growth. Amid this backdrop, it could be prudent to buy fundamentally strong tech stocks Extreme Networks (EXTR), Hackett Group (HCKT), and Quantum…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. Stocks this morning are posting modest losses after bond...

The dollar index (DXY00 ) on Thursday fell slightly by -0.05% after weak U.S. economic news knocked bond yields lower and weakened the dollar’s interest rate differentials. The dollar was also undercut by dovish comments Thursday from Fed Governor Cook and Cleveland Fed President Mester, who signaled they favor the...

“I think the Fed’s overdone it. I think we’re going to see a lot more deflation going forward,” the ARK Invest CEO and founder said this week.

The Federal Reserve, since early 2022, has been raising interest rates to ease inflation pressures without causing the economy to contract, an ideal scenario that some economists call a “soft landing.” A soft landing is defined as when the Fed is able to slow the economy enough to curb demand...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.31%. Stocks this morning are mildly lower on some disappointing...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.06%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.16%. Stock index futures are slightly lower on some disappointing corporate earnings results. A -10% plunge in Cisco Systems in pre-market trading is leading technology stocks lower after...

December S&P 500 futures (ESZ23) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.30% this morning as weak forecasts from Cisco and Palo Alto Networks weighed on sentiment, while investors looked ahead to a new round of U.S. economic data and speeches from Fed officials.

Inflation slowing to 3.2% last month means home shoppers may benefit from stabilizing consumer prices and cheaper mortgages, if the Fed cuts interest rates.