The S&P 500 and the Nasdaq pared losses on Friday on the back of easing inflation expectations and better-than-feared results from some U.S. banks, while gains in UnitedHealth kept the Dow afloat.
falling in January to the lowest level since the spring of 2021.for the first time in more than 2-1/2 years in December, fueling hopes that a sustained downward trend in price pressures could give the Federal Reserve cover to scale down the size of its interest rate hikes.
Money market participants see a 91.6% chance the Fed will hike the benchmark rate by 25 basis points in February, but see the terminal rate at 4.9% by June. On the earnings front, major U.S. banks stockpiled more rainy-day funds to prepare for a possible recession and reported weak investment banking results, but said consumers remained healthy and higher rates boosted profits.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
S&P 500, Nasdaq pare losses as inflation expectations ease By Reuters⚠️BREAKING: *STOCKS ON WALL STREET OPEN LOWER AS BANKS SINK AFTER EARNINGS - $DIA $SPY $QQQ $IWM 🇺🇸🇺🇸
Consulte Mais informação »
BlackRock to cut up to 500 jobs amid market turmoil - InsiderBlackRock Inc is cutting up to 500 jobs, Insider reported on Wednesday, citing a memo, as Wall Street continues to downsize in the face of high interest rates that have raised the risk of a recession.
Consulte Mais informação »
Stock market outlook: Analyst says S&P 500 is facing resistance at 4000Hedge funds are finally starting to believe in the stock market's latest rally, but one analyst warns that any move higher will be fleeting
Consulte Mais informação »
Dow, S&P 500 book second day of gains ahead of Thursday's inflation updateU.S. stocks booked a second straight day of gains on Wednesday a day before a fresh reading on inflation is expected to show another monthly decline from the summer peak. The Dow Jones Industrial Average rose about 268 points, or 0.8%, ending near 33,972:
Consulte Mais informação »
This Star is Blasting Out a Concentrated Jet of Material at 500 km/sAn oddball star 4000 light-years away emits a natural maser. Astronomers followed it to its source to learn more about the unusual star.
Consulte Mais informação »
‘Nothing Short of a Mircale': Irving Firefighter Returns After 500-Day Battle With COVID-19EMT firefighter Joseph Solecki is back on the front lines with the Irving Fire Department after the battle of his life.
Consulte Mais informação »