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The Federal Reserve’s two-day policy meeting started today as investors anticipate rates will be held steady in the 5.25-5.50% range. Markets are looking to Fed Chair Jerome Powell for guidance on future monetary policy moves. September inflation dropped to 3.7%, meeting the Fed’s year-end forecast. Meanwhile, surging bond yields have fueled hopes of a potential pause. However, Powell said they will be ‘proceed cautiously’ amid a strong economy. Yahoo Finance’s Fed reporter Jennifer Schonberger explores how data like GDP and consumer spending support further hikes, though lagging indicators like mortgages haven’t fully allowed consumers and businesses to feel the rises yet. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At […]

AMD (AMD) will release third-quarter earnings after Tuesday’s closing bell, with Wall Street hoping for positive results despite other mixed Big Tech earnings. The company announced its drive to join the AI chip race and catch up to chip maker giant Nvidia (NVDA). Yahoo Finance anchors Brad Smith and Diane King Hall break down what investors should pay attention to as AMD gears up to release its third-quarter earnings. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a […]

Stocks may be in for a little scare heading into 2024, with Interactive Brokers Chief Strategist Steve Sosnick stating the “”setup isn’t great.”” Sosnick went on to convey hesitancy over the strength of the Magnificent Seven tech stocks — comprised of Alphabet (GOOG, GOOGL), Amazon (AMZN), Apple (AAPL), Meta (META), Microsoft (MSFT), Nvidia (NVDA), Tesla (TSLA) — and whether they should be grouped together at all. “At this point, you can’t look at them as seven stocks together,”” Sosnick explains to Yahoo Finance about the mixed earnings results from Big Tech players. “”Tesla is, I think, at risk of being kicked out of the club right now because they’ve been […]

The U.S. Treasury Department is expected to issue $114 billion in bonds as markets cope with elevated bond yields and higher for longer interest rates. Kovitz Principal and Portfolio Manager John Buckingham explains his thoughts on how well the stock market should hold up against economic headwinds and the Fed’s rate policy as earnings season continues. “Historically speaking… stocks have done well in higher interest rate environments, stocks have done well in inflationary environments. Well, heck, stocks have done well no matter what the backdrop is,” Buckingham tells Yahoo Finance. “Unfortunately, in the near term, obviously, there can be some volatility as we have certainly seen here of late.” For […]

#sp500 #stockmarket #yahoofinance #investor Last week, the broader market fell into a decline, moving into technical correction territory with the S&P 500 down 10% from its peak in July. The correction comes from a mix of reactions to higher for longer interest rates, Treasury bond yields, and mortgage rates which continue to increase. With a Federal Reserve decision, Treasury borrowing plans, and continued earnings pressure on the horizon, investors are overwhelmed by all the changing variables and what it means for the markets. NewEdge Wealth Chief Investment Officer Cameron Dawson joins Yahoo Finance to break down what all these events will mean for the market and how they will affect […]