Category: Markets

Wall Street eyes rebound ahead of Fed decision

U.S. stock index futures indicated a higher open Wednesday, following some hefty selling in global equity markets, as investors eyed an upcoming rate decision by the U.S. Federal Reserve. The Federal Open Market Committee...

Bank shares get ugly as Fed predictions reverse

The rate hike Wall Street banks were expecting this summer just got scotched by a surprisingly bad jobs report.. U.S. bank stocks were getting hammered Friday after a disappointing employment report caused economists to...

Who will blink first — Fed or the market?

The S&P 500 on Wednesday finished within a hair’s breadth of its 2016 record close set in April, when investors weren’t pricing in any Fed rate hikes until December. Back in April, federal-funds futures...

Bond market stares down the Fed

Fed officials keep saying they want to raise interest rates this summer, but somehow the bond market doesn’t quite believe it. Markets were fairly quiet Monday with the stock market closing lower on light...

Stocks fluctuate as banks rally ahead of Fed minutes

Stocks fluctuated Wednesday as banks rallied to offset losses among consumer companies, while investors awaited Federal Reserve meeting minutes amid speculation borrowing costs will rise as soon as next month. Retailers remained under pressure...

Fitbit and GoPro look to turn around misfortunes

This year has been nothing short of a disaster for technology stocks. With fourth-quarter earnings falling flat and current-quarter results leaving much to be desired, the remaining tech companies to report this season have...