Dow futures slip as 10-year Treasury yield hits highest level since 2007 ahead of Fed meet
US stock futures edged lower on Tuesday, September 15, as investors braced for the Federal Reserve’s interest-rate decision on Wednesday, while rising Treasury yields and concerns around the outlook for artificial intelligence added to market caution.
Futures tied to the Dow Jones Industrial Average fell 0.3%, while S&P 500 futures slipped 0.2%. Nasdaq-100 futures were down 0.2%.
Read MoreAI doomsday fears are arriving at the worst possible time for the stock market
The latest cracks in the artificial-intelligence trade are emerging at a particularly troubling time for investors.
Semiconductor stocks, industrials and other corners of the U.S. equity market closely associated with AI took a hit on Monday,
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Read MoreWarren Buffett’s 1969 insight for Indian investors: When a star fund manager quits
What happens when the person managing your money decides to leave? Warren Buffett faced a related situation in 1969, when he decided to step away from managing his own investment partnership.
His biggest concern was the people who had trusted him with their savings. Buffett Partnership Ltd, which he had built over many years,
Federal Reserve poised to raise interest rates as AI boom and energy costs fuel inflation fears
WASHINGTON — The Federal Reserve is widely expected to raise benchmark interest rates this week for the first time since July 2023, signaling a hawkish shift as central bank officials grow increasingly concerned that a single rate hike will not be enough to tame persistent inflationary pressures.
Read MoreWarren Buffett Just Released a Farewell Letter. It Contains the Most Devastating 4-Word Piece of Investment Advice I've Ever Heard.
I turned 50 years old last week: Living proof that age and maturity don’t always go hand in hand.
I can think of only a few things that have stayed the same over those 50 years. I’ve had red hair the entire time. Washington’s portrait is still on the dollar bill. And, for that entire half-century,
Read MoreThe Burst
Alert: 1 Warren Buffett Stock Down 65% You’ll Regret Not Buying
Investment Alert: Buy Snowflake Under $140 Per 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.
Snowflake is a rare pre-IPO company that won the approval of Warren Buffett.
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Read MoreThe Ivy
Why Gold Is Soaring
The problem with thinking is the risk of overthinking. At least that’s the case when it comes to gold. A few weeks ago when gold broke out, some traders were paralyzed by analytical disbelief. How could gold break out now?
Traditional analysis says quantitative easing and increased money supply should lead to higher gold prices.
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