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S&P 500 futures fall to start week on bitcoin decline, Nvidia pullback: Live updates CNBCStock market today: S&P 500, Nasdaq futures slide as AI doubts swirl, precious metals whipsaw Yahoo FinanceDollar Firms, Stocks Look Weaker as Sentiment Ebbs: Markets Wrap Bloomberg.comStock Market Today: Nasdaq Futures Fall; Gold, Silver Prices in Focus — Live Updates The Wall Street Journal
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U.S. stock futures fell Sunday, following a weekend slide by bitcoin and Friday's massive sell-off in precious metals capped a tumultuous first month of 2026.
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Oracle to Raise Up to $50 Billion This Year for Cloud Investment Bloomberg.comOracle to Raise Up to $50 Billion in 2026 for Cloud Buildup Yahoo FinanceOracle announces Equity and Debt Financing Plan for Calendar Year 2026 PR NewswireOracle amps up its AI bet with a plan to raise as much as $50 billion this year MarketWatch
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Volatile trading session sees precious metals give up early gains
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The Federal Reserve served up a widely expected third consecutive jumbo rate hike when it concluded its regularly scheduled two-day meeting on Wednesday. Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points. (A basis point equals 0.01%.)
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Although the move matched consensus expectations, a significant portion of the bond market - and plenty of traders and tacticians, for that matter - were bracing for a whopping 100 bp rate hike. Uncertainty over just how hawkish the Fed would reveal itself to be has cast a pall on equities over the preceding weeks, and so a rate hike of "only" three-quarters of a percentage point was actually met with some relief. Stocks sold off sharply when the Fed released its statement at 2 p.m. Eastern, but then drifted back into positive territory during Powell's press conference, which began a half-hour later.
Ultimately, however, the major indexes finished in the red. That's because the Fed's bottom line is that inflation is by no means under control. And while there might be ample anecdotal and emotional evidence pointing to the contrary, the economy is simply running too hot. An imbalance in supply and demand in the labor market and related strong real wage growth, snarled supply chains and a rising dollar are just some of the factors confounding monetary policymakers - not to mention corporate revenues and profit margins.
As we've
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