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Nasdaq Opens Lower, Warsh Dodges Questions on July Rate Decision
U.S. stocks were in the red, with the Nasdaq composite retreating the most after U.S. stocks closed ...
United States ISM Manufacturing Prices Paid came in at 73, below expectations (79) in June
United States ISM Manufacturing Prices Paid came in at 73, below expectations (79) in June...
United States ISM Manufacturing PMI came in at 53.3 below forecasts (54) in June
United States ISM Manufacturing PMI came in at 53.3 below forecasts (54) in June...
The top 10 stocks are 40% of the S&P 500 — what to do about it
Transcript: CAROLINE WOODS: Joining me now is Simeon Hyman, Global Investment Strategist at Pro Shares. To break down where the money is flowing and what it says about the market right now. Simeon, gr ...
Dow Jones Futures Rise After Fed Rate Hike Bets Hit Stocks; SpaceX Falls As Robinhood Jumps
Stocks suffered broad, sharp losses on rate hike bets after the first Warsh Fed meeting. SpaceX fell for the first time while Robinhood jumped.
Certara names Faiz Mohammed interim CFO as John Gallagher steps down
Legend Biotech launches $225M ADS public offering; shares down
British Pound double-teamed by soft CPI and a hawkish Fed
The British Pound (GBP) spent Wednesday absorbing blows from both sides of the Atlantic. Softer than expected UK inflation set a heavy tone in the morning, and Kevin Warsh's hawkish first Federal Rese ...
Trump to release Iran’s frozen funds and ease sanctions when ‘they behave’
President acknowledges Tehran will keep ballistic missiles after war
Nasdaq, US stocks slide as Fed forecasts possible rate hike
US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also for ...
S&P 500 Drops 1.2% After Warsh Hints of Fed Changes
Stocks tumbled on Wednesday after Federal Reserve Chairman Kevin Warsh foreshadowed big changes to how the central bank will operate. The Dow fell 507 points, or 1%. Sevens Report Research’s Tom Ess ...
Whatever Happened to the Promise of Cheaper Electricity?
As readers of Adam Smith know, the market functions to provide consumers with goods and services at the lowest price (within limits set by law). Yet, several years ago, we submitted a piece claiming t ...
Sector Update: Energy Stocks Fall Late Afternoon
Energy stocks declined late Wednesday afternoon with the NYSE Energy Sector Index falling 1.5% and t
Dow Drops 400 Points, S&P 500 Falls 1% After Fed Meeting Ends
Stocks fell to session lows after Kevin Warsh wrapped up his first press conference as Fed chairman. The Dow fell 410 points, or 0.8%. The S&P 500 fell 1.1%. The Nasdaq dropped 1%. Warsh signalled big ...
Euro routed as Warsh's Fed turns the dot plot upside down
Kevin Warsh's first meeting as Federal Reserve (Fed) Chair was billed as a quiet hold, and on the headline rate it delivered exactly that. Everything wrapped around that hold, however, was a hawkish b ...