It was a wild day on Wall Street. The market was on track for its worst day since October 2020, but major US stock indexes turned green shortly before the closing bell rang.
US stocks opened in the red as investors worried about the Federal Reserve's plans to hike interest rates, tensions in Ukraine, earnings season and — of course — inflation.At the low point of the session, the market was on track for its worst day since October 2020, with the Dow down more than 1,000 points.But with just minutes to go in the trading session, the major indexes reversed course and turned green. The Dow finished 0.3%, or 99 points, higher.
Earnings season has moved on to Big Tech, including Microsoft , IBM , Intel and Apple , which report results this week.Then there's the Fed meeting, concluding with Wednesday's policy statement and subsequent press conference. As of Monday morning, market expectations for this week are that the central bank will keep interest rates near zero for a little longer, according to the CME FedWatch tool.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Top Wall Street Analysts Are Bullish on These Stocks Heading Into EarningsTipRanks analyst ranking service pinpoints Wall Street’s best performing stocks, like Tesla and Amazon.
Lire la suite »
Traders are complaining about Solana’s performance, raising questions about its status as a Wall Street darlingSolana has been touted as a blockchain built to handle high-speed, large transactions. But recent network performance issues have put into question its position as a blockchain built for Wall Street.
Lire la suite »
Asian markets mostly lower amid worries over Wall Street, Fed meetingShares were mostly lower in Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020.
Lire la suite »
What to watch today: Wall Street to open lower after Nasdaq's worst week since March 2020U.S. stock futures indicated more losses to start the new week following the Nasdaq's and the S&P 500's worst weeks since March 2020.
Lire la suite »
Forex Today: Risk-sensitive FX recovers from lows, tracking ferocious intra-day Wall Street reboundForex Today: Risk-sensitive FX recovers from lows, tracking ferocious intra-day Wall Street rebound By Frank_Macro DollarIndex RiskAppetite RiskAversion
Lire la suite »
Traders are complaining about Solana's performance, raising questions about its status as a Wall Street darlingSolana has been touted as a blockchain built to handle high-speed, large transactions. But recent network performance issues have put into question its position as a blockchain built for Wall Street.
Lire la suite »