Archive List for Markets

The S&P 500 (^GSPC) has notched its twentieth-record close of the year. While the rally has largely been led by tech players, financials and industrials have also driven the surge. GLOBALT Investments Senior Portfolio Manager Keith Buchanan joins the Live show to discuss whether the market’s movement to the upside can be sustained. Buchanan affirms that economic growth has spread beyond the AI generation, noting that names such as Waste Management (WM) and Walmart (WMT) have shown positivity in the marketplace. Recommending that investors look beyond the “Mag 7,” Buchanan notes that financials, in particular, have shown an appetite for potential steepening of the yield curve as the economy approaches […]

US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market reacts to the Federal Reserve’s updated Summary of Economic Projections. The data showed nine members believe three rate cuts will occur by the year’s end. Chair Jerome Powell also claimed the Fed is seeking to slow the shrinking of its $7.5 trillion balance sheet. Former Federal Reserve Bank of Kansas City CEO and President Esther George joins Yahoo Finance to discuss the economic backdrop for the Fed and give insight into how the Fed may shape its policy decisions moving forward. In terms of what the Fed will be looking for moving forward, George states: “We have […]

The Federal Reserve has left interest rates unchanged, maintaining a target range for the federal funds rate at 5.25 to 5.5%. In the statement, FOMC officials say the Committee “judges that the risks to achieving its employment and inflation goals are moving into better balance.” The March release also includes an updated Summary of Economic Projections. That release shows nine officials see three rate cuts in 2024. Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports on the Fed’s decision. #youtube #FederalReserve #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your […]

According to the latest Consumer Price Index (CPI) reading, the rise in grocery costs has decelerated significantly more than dining costs. Yahoo Finance Retail Reporter Brooke DiPalma joins the Live show to detail McDonald’s leading in the breakfast category compared to other fast food chains. #youtube #mcdonalds #food About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: […]

According to a report from Bank of America, US worker productivity has hit an all-time high. As productivity has increased, wage growth year-over-year has also seen a slight increase, meaning consumers are willing to spend more. Yahoo Finance Markets Reporter Josh Schafer joins the Live show to break down why the results do not comprise an ‘inflationary problem’ and how productivity can help company margins. #youtube #stockmarket #work About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the […]