US Stock Market Ahead Of Fed Policy: Dow Jones, Nasdaq, S&P 500 Crash; Futures Up On Wednesday, What To Expect
The US stock market continued to be under pressure ahead of the Federal Reserve’s policy on Thursday. Overnight, the Dow Jones and Nasdaq Composite crashed from 200 points to 330 points, while the S&P 500 followed the bearish trend. Meanwhile, on September 16, ahead of the Fed outcome, all US stock futures traded higher as the market widely predicted the largest central bank to deliver their first rate hike in 3 years.
Read MoreLIVE: US Fed Reserve FOMC Meeting Rate Decision Outcome Today: Time, schedule, LIVE streaming, Kevin Warsh announcement
US Fed meeting Live updates: The two-day US Fed meeting concludes today, and anticipation is high that the US Central Bank will raise interest rates for the first time in three years. The 12-member committee will announce its decision at 18:00 GMT or 11:30 PM Indian Standard Time (IST).
Read MoreEnergy Infrastructure Stocks: Time to Touch GRASS
Subscribers to Chart of the Week received this commentary on Sunday, August 17.
The most important statistic I came across last week had nothing to do with stocks. It was a local weather report: Cincinnati’s East Side has gotten more rainfall over the past two months than any two-month span in recorded history.
» Read more about: Energy Infrastructure Stocks: Time to Touch GRASS »
Read MoreWarsh likely to side with financial markets over Trump as Fed rate hike expected
WASHINGTON (AP) — Barely four months into the job, Federal Reserve Chair Kevin Warsh is stuck between two strong and opposing forces: Financial markets that anticipate the central bank will raise interest rates, and President Donald Trump, who wants the Fed to cut them or leave them unchanged.
Economists expect that on Wednesday,
Read MoreDo you really not need to look at the order book and time and sales for swing trading?
“If you’re doing swing trading, you don’t need to look at the order book or time and sales.” I’m sure many of you have heard this. When I was doing day trading, I was constantly watching the depth of the order book and the movement of time and sales, but since switching to a focus on swing trading,
Read MoreThe Burst
Alert: 48% Upside on Under-the-Radar Tech Stock
Investment Alert: Buy Climb Global Solutions (CLMB) Under $50/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Read MoreThe Ivy
Is Meta a Buy After Crashing?
Despite a stellar start to 2023 with a more than 300% increase in stock price at one point, Meta experienced a significant pullback, shedding 15% in value following its first-quarter earnings report.
Meta reported a very solid Q1, with revenues soaring by 27% to $36.5 billion, the fastest growth rate in several quarters,
» Read more about: Is Meta a Buy After Crashing? »
Read More