The Dow closed below the 200-day moving average Thursday. February jobs numbers will be released early Friday…
Tag: interest rates
This is the worst year for U.S. stock market investors since 1969
To date this year, both the U.S. stock and bond markets have posted significant declines not seen since the way back to 1969, according…
Wall Street sells off after Powell speech on rate hikes to combat rampant U.S. inflation
Powell said the central bank won’t be turning dovish in its fight against rampant U.S. inflation running at Carteresque 40-year highs…
First round of Big Tech earnings lift stock futures ahead of Fed rate hike
U.S. stock index futures rose on Wednesday as better-than-feared quarterly reports from Big Tech companies Alphabet and Microsoft lifted…
Fed announces rate hike not seen in decades in attempt to fight rampant U.S. inflation
The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75-basis points in an attempt to cool inflation not seen in…
Wall Street sells off, led by Apple shares amid inflation, rate concerns
U.S. stocks ended sharply lower on Monday, led by declines in Apple and other mega-cap growth shares as the benchmark 10-year yield…
Why Apple stock got bit on Monday
Stock markets continued to slide as in Monday trading, with the S&P 500 and the tech-heavy Nasdaq falling. Shares of tech leader Apple didn’t…
Apple’s inflation double whammy
Inflation has risen over the past several quarters to a level the U.S. hasn’t seen in four decades. Inflationary pressures can affect Apple …
U.S. stock market falls on fears of hawkish Fed
The U.S. stock market’s main indexes fell on Tuesday after U.S. Federal Reserve Governor Lael Brainard said she expects rapid reductions…
Cash-rich Apple to earn $4 billion more on its cash by 2023 thanks to higher interest rates
With its enormous cash reserves now earning next to nothing, Apple could be one of the bigger corporate beneficiaries of the Fed’s…
Apple stock falls below key level after China shuts Foxconn plant over COVID spike
Apple shares fell on Monday, dropping below their 200-day moving average, after Foxconn halted operations following China’s COVID …
Fed’s signal of rising rates hits tech stocks, especially Apple
Apple shares gave back some gains made in recent weeks as the Fed signaled that interest rates will rise spurring selling of tech stocks …
Apple resumes sales to Turkey with 25% inflationary price hike
Earlier this week, Apple halted sales in its online store in Turkey in response to a worsening inflation crisis in the country. Now, the…
Apple halts product sales in Turkey amid rampant inflation crisis
Apple has halted sales in its online store in Turkey in response to a worsening inflation crisis in the country. While Apple has not publicly…
Why the stock market could boom this year with its biggest rally ever
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally …
Federal Reserve slashes rates to zero, restarts QE in historic move to combat coronavirus slowdown
Less than 24 hours after President Donald Trump accused the Federal Reserve on Saturday of not being “aggressive” enough, the Fed slashed rates and…
As U.S. economy expands, coronavirus has little impact so far
As the U.S. economy expanded at a modest to moderate pace over the past several weeks, the coronavirus has had little impact so far on U.S. economic data…
Wall Street drops after Federal Reserve’s surprise rate cut
Wall Street dropped on Tuesday in a volatile session after the U.S. Federal Reserve surprised investors with a half percentage-point cut in interest rates…
Dow jumps as Fed keeps rates unchanged, better-than-expected U.S. employment; Apple shares up strongly
U.S. stocks gained after Federal Reserve officials announced they would keep benchmark interest rates….
Stocks trade higher after U.S. Federal Reserve keeps interest rates unchanged
Stocks rose on Wednesday, May 2, after the Federal Reserve decided to keep interest rates unchanged…
U.S. Fed raises interest rates for first time in nearly a decade; Apple sees heavy volume
Apple is seeing big volume surrounding the Fed rate decision…
