The Latest Breaking News from US Federal Reserve

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.21%. US stock indexes gave up an early advance on Thursday and closed lower. The...

Stock markets received a boost from new data showing inflation is easing. Lower inflation has raised hopes about the U.S. economy — but there are still a lot of unknowns.

The dollar index (DXY00 ) on Thursday recovered from an early 5-week low and finished up +0.12%. The dollar found support Thursday from higher T-note yields. Also, comments from Cleveland Fed President Mester and Richmond Fed President Barkin, who said interest rates should stay higher for longer, were bullish for...

Columbia’s Tomasz Piskorski sees a lot of banks in trouble—but also banks becoming less and less important over time.

The S&P 500 Index ($SPX ) (SPY ) is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.09%. US stock indexes are moderately lower this afternoon, after the S&P 500, Dow Jones Industrials,...

Small-to-mid-size banks will be the first forced out of business, he says. “There are quite a few banks in the United States right now that have very similar risk characteristics [to Silicon Valley Bank]."

Index has more than doubled since spring 2020 as investors hope for interest rate cuts following Federal Reserve inflation figures

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. US stock indexes this morning are moderately higher, with the S&P 500, Dow...

If current price trends continue the Fed could consider lowering interest rates

All three major indices look set to extend their recent record highs Thursday.

Traders and investors liked a report by the U.S. Bureau of Labor Statistics before the market opening, which showed that both headline and core consumer inflation are easing.