The Latest Breaking News from US Federal Reserve

The major U.S. index futures are pointing to a lower open on Wednesday following the mixed close in the previous session. At the time of going to press, the Dow Jones and S&P 500 futures were slipping 0.54% and 0.68%, respectively, and the Nasdaq 100 futures were down a steeper…

Pre-open movers

Elevated inflation and the Fed’s hawkish stance will likely keep the market volatile in the near term. Therefore, it could be wise to invest in fundamentally sound stocks Micron Technology (MU) and AstroNova (ALOT), which are trading at discounts to their peers. Let’s discuss.

Although inflation seems to be cooling down, it is far from the Fed’s target level. And the central bank is expected to continue its interest rate hikes, further slowing down the economy. In these uncertain times, dividend stocks Coca-Cola (KO), Kimberly-Clark (KMB), and Caterpillar (CAT) might be ideal investments to…

The S&P 500 (SPY) relentless climb continues...There's increasing chatter that this move higher could actually be the start of a bull market. In today's commentary, I want to explore this possibility. Then, I want to add on some follow-up thoughts to last week's commentary and trade alerts. Read on below…

Thanks to better-than-expected corporate earnings and the expectation that inflation will cool off, the stock market rebounded from the lows in the year's first half. However, inflation remains elevated, so the Fed is expected to continue its aggressive interest rate hikes. Given this backdrop, investors could cushion their portfolios by…

The Fed is expected to maintain its hawkish stance despite easing inflation numbers, which might impede the performance of the Nasdaq 100. Moreover, given the rising recession fears, it could be wise to avoid popular yet fundamentally weak Nasdaq 100 stocks, Advanced Micro Devices (AMD), Blackstone (BX), and BlackRock (BLK)…

Inflation is still hovering near 40-year highs, and many analysts expect the Fed to continue with its interest rate hikes. Therefore, the stock market is expected to remain under pressure. Moreover, the ongoing geopolitical tensions are adding to investors’ concerns. Given the uncertainties surrounding the market, it could be wise…

Consumers continue to take on more credit card debt as inflation hikes up their spending.