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Utilities Up on Rate Optimism - Utilities Roundup
Market Watch· 20 hours agoShares of power producers rose as upward momentum built in the sector due to interest-rate optimism. "I think it's pretty clear based on Jerome Powell's...
Will stocks set record gains during a Fed interest rate pause?
TheStreet.com· 3 hours agoBetter-than-expected corporate earnings, particularly from the so-called Magnificent 7 tech heavyweights, have powered much of the recent advance, while a pullback in Treasury bond yields tied ...
Stock market today: Wall Street drifts higher as S&P 500 pulls back within 1% of its record
San Francisco Chronicle· 48 minutes agoU.S. stocks are drifting higher on a quiet Thursday following two straight days where indexes barely...
Fed's Communications Style Scores Well With Analysts but Not Public
US News & World Report· 9 hours ago...watchers to questions posed by the Brookings Institution's Hutchins Center on Fiscal and Monetary Policy gave the U.S. central bank under Fed Chair Jerome Powell a median score of B+ for its overall communications, an important aspect of central bank operations that can make monetary policy...
5 Growth Stocks to Buy for Steady Returns in May
Zacks via Yahoo Finance· 1 day agoGDP growth rate in first-quarter 2024, the contraction of manufacturing and services PMI in April and a less-than-hawkish statement by Fed Chair Jerome ...
Federal Reserve is giving your money away and it could destroy more than your wallet
FOX Business· 2 days agoFederal Reserve Chair Jerome Powell spoke May 1, trying to project an image of calm optimism. To put...
Barry Sternlicht says the Fed’s ‘tool kit is flawed’ for this economy, urges Fed rate cuts
Market Watch· 21 hours ago“He has to be super careful because his tools — his tool kit is flawed,” Sternlicht said Wednesday...
Too early for Bank to cut interest rates on Thursday, economists predict
PA Media: Money via Yahoo Finance· 10 hours agoIt means rates could stay higher for longer until there is firmer evidence of price rises easing,...
Here's how China's economic 'nuclear option' would impact US
Newsweek· 9 hours agoChina's insatiable appetite for gold, copper, and other commodities has led to a debate over whether...
Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
Associated Press· 1 hour agoThe rate fell to 7.09% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. The modest...
