Published • loading... • Updated
US STOCKS-Nasdaq Futures Lead Wall St Gains as Oil Retreat Eases Inflation Worries
- The S&P 500 and Dow Jones Industrial Average headed for a losing week on Friday after the Federal Reserve unanimously raised interest rates for the first time since 2023, while the Nasdaq Composite gained ground.
- Policymakers signaled one additional rate increase for 2026 at Wednesday's meeting, though CME FedWatch Tool data suggests roughly 42% odds the Fed will deliver two more hikes to address inflation pressures.
- BTIG analyst Jonathan Krinsky reported Wednesday that only 49% of S&P 500 stocks remain above their 200-day moving averages, warning that "more and more stocks are breaking support" amid technical deterioration.
- Yardeni Research warned that downturn risks increased over the next three to six months, though Catalyst Funds chief investment officer David Miller said equities could rally if growth offsets rate hikes.
- U.S. President Donald Trump and China President Xi Jinping meet in Washington next week amid heightened market stakes, though analysts anticipate few breakthroughs on tariffs or artificial intelligence discussions.
Insights by Ground AI
Podcasts & Opinions
104 Articles
104 Articles
S&P 500, Nasdaq turn page on volatile week
NEW YORK — Wall Street closed a volatile week on a muted note Friday as benchmark U.S. Treasury yields topped 5%, while crude prices reversed earlier gains but remained above $100 per barrel, keeping inflation worries front and center.
·Tulsa, United States
Read Full Article
In theory, stock markets prefer a low-rate environment that is conducive to investment.
·Warsaw, Poland
Read Full Article
The Dow Jones fell 0.18%, the S&P 500 rose by 0.17% and the Nasdaq registered an increase of 0.39%.
·Las Condes, Chile
Read Full Article
US investors are slowing down after an eventful week: Fed interest rate hikes, energy price peaks and persistent inflation concerns are dampening the euphoria of artificial intelligence.
Coverage Details
Total News Sources104
Leaning Left11Leaning Right13Center17Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 27%
C 41%
R 32%
Factuality
To view factuality data please Upgrade to Premium
