Stock Market

It is often said the Federal Reserve is “data dependent” in its quest to accurately calibrate U.S. monetary policy. With that in mind, it may be surprising the major equity benchmarks did not do more gyrating Thursday following the release of one particularly concerning data point. Source: Venturelli Luca / Shutterstock.com Earlier today, the August
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Stocks rallied Wednesday after President Donald Trump implied he’s open to making a deal with China on trade, but gains were capped by the release of minutes from the Federal Reserve’s July meeting. Source: rafapress / Shutterstock.com Those minutes revealed that some of the central bank’s governors pressed for a cut of 50 basis points
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With Federal Reserve Chairman Jerome Powell slated to give remarks at the Jackson Hole, Wyoming summit later this week, it would not be surprising to see some sluggish days for stocks leading up to that event. Such was the case Tuesday. Source: Pavel Ignatov / Shutterstock.com The meeting minutes of the Fed’s July meeting are
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Right now, we’re still in perhaps the greatest bull run in history. The “weather” is terrific: low interest rates, an economy firing on all cylinders and a business-friendly administration in the White House. The Dow Jones Industrial Average recently hit 27,000 for the first time ever — and, despite some recent turbulence, remains near record
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What’s more wild, the story unfolding with General Electric (NYSE:GE) or the volatility in the stock market? Headline after headline has been wreaking havoc on the broader markets, as volatility remains elevated and as investors try to figure out their next step. Trade war worries, imploding foreign stock markets and recession concerns are engulfing the
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A day after stocks were slammed, the major U.S. equity benchmarks struggled for direction Thursday. After some of the volatility investors have recently been coping with, today’s lethargy was arguably a welcomed respite. If anything today’s action was surprisingly positive when considering trade tensions are still commanding headlines. Earlier this week, there was some thawing
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It was a wicked Wednesday as stocks tumbled amid mounting concerns that some major global economies, including the U.S., are flirting with recessions. Adding to the recession concerns, there was another instance of yield curve inversion today. For those not familiar with the vernacular, yield curve inversion is an instance of 10-year Treasury yields dipping
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For what seems like the first time in an eternity, stocks enjoyed a good day Tuesday. Much of that had to do with President Donald Trump pledging to back off of threats to levy fresh tariffs on Chinese imports starting next month. Citing “health, safety, national security and other factors,” the U.S. Trade Representative (USTR)
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