Federal Reserve – Latest News Update

S&P 500 slips about 1.8% for August in only the second negative month of 2023

The S&P 500 (SP500) on Thursday fell 1.77% for the month of August to close at 4,507.54 points. Its accompanying SPDR S&P 500 Trust ETF...

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US Stocks

Equity Markets Close Mixed as Investors Assess Corporate Results

US benchmark equity indexes closed mixed Friday as investors evaluated the latest set of corporate financial results. The Nasdaq Composite fell 0.2%...

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FINANCE

Have CD and savings interest rates peaked? Here’s what experts think

It’s no secret that the Federal Reserve has been hiking interest rates recently. And while that has meant pricier mortgage loans and...

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FINANCE

Money market funds are paying above 5%. What to know before ditching your savings account

After another interest rate hike from the Federal Reserve, some money market mutual funds are paying above 5%. Currently, it’s a higher...

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US Stocks

U.S. stocks end a volatile week higher as Dow industrials, S&P 500 notch 3rd straight week of gains

U.S. stock indexes finished higher on Friday with the Dow Jones Industrial Average and the S&P 500 closing out their third winning...

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US Stocks

Equity Markets Close Mixed With Next Week’s Fed Meeting in Focus

US benchmark equity indexes closed mixed Friday as markets awaited the Federal Reserve‘s monetary policy decision scheduled for next Wednesday. Also Read– Hong...

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US Stocks

Wall Street ends higher as Powell wraps up testimony

(Reuters) – The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell continued to beat...

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US Stocks

This incredible chart shows the close relationship between the S&P 500 and Fed liquidity

IN ONE CHART Earnings, schmearnings. Is what really matters just liquidity? This incredible chart, from Apollo Global Management chief economist Torsten Slok,...