Latest Stock Market News
Robinhood says in 'strong position' to face unlikely market eventsUpdated at : 2022-01-27 08:20:03 Rate this item (1 Vote)Robinhood, in January 2021, had enacted temporary limits on GameStop and other so-called "meme stocks" amid a social media-fueled rally. |
Dollar finds buyers as Fed flags hikesUpdated at : 2022-01-27 08:20:03 Rate this item (1 Vote)The dollar was perched near a five-week high on Thursday, bolstered after Federal Reserve chair Jerome Powell primed investors for U.S. interest rate hikes beginning in March. Overnight the Fed left policy unchanged but Powell foreshadowed a sustained battle to tame inflation. |
Tesla forecasts 2022 growth above 50%, despite supply chain challengesUpdated at : 2022-01-27 08:20:03 Rate this item (1 Vote)Musk said that Tesla would not roll out new models this year but hopefully would launch its Cybertruck, Semi and Roadster next year. Tesla said it is not currently working on a $25,000 model that Musk promised in 2020 would launch in three years. |
Fed signals rates could rise 'soon'Updated at : 2022-01-27 07:25:01 Rate this item (1 Vote)The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month before launching a significant reduction in its asset holdings. |
Wall Street experts zero in on just how the Fed might drain liquidityUpdated at : 2022-01-27 07:25:01 Rate this item (1 Vote)Wall Street analysts have been busy war-gaming just how quickly the Federal Reserve might start shrinking its balance sheet. Now attention is also turning to exactly which parts of the financial system it could suck the most liquidity from as it reverses its pandemic-era stimulus. |
Fed signals liftoff ‘soon,’ sees asset-reduction start afterwardUpdated at : 2022-01-27 01:25:02 Rate this item (1 Vote)“With inflation well above 2 per cent and a strong labor market, the committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the Federal Open Market Committee said in a statement Wednesday following a two-day policy meeting. |
Oil hits $90/bbl for the first time since 2014 on Russia-Ukraine tensionUpdated at : 2022-01-26 22:25:03 Rate this item (1 Vote)Brent crude rose $1.67, or 1.9 per cent, to $89.87 by 10:40 a.m. EST (1540 GMT), after hitting $90.02, the first time the global benchmark has broken that level since October 2014. |
Trade Setup: Nifty may see further pullback but index not out of woods yetUpdated at : 2022-01-26 21:25:02 Rate this item (1 Vote)Thursday is likely to see a jittery start to the day; the levels of 17300 and 17430 may act as immediate resistance points. The supports come in at 17180 and 17000 levels. The trading range is expected to stay a little wider than usual. |
Wall Street opens higher ahead of Fed announcementUpdated at : 2022-01-26 21:25:02 Rate this item (1 Vote)The Dow Jones Industrial Average rose 223.09 points, or 0.65 per cent, at the open to 34,520.82. |
What does the crypto industry expect from the Fed's meeting?Updated at : 2022-01-26 17:25:02 Rate this item (1 Vote)The stock market is likely to indicate the outlook for the crypto market. The stock market is having another rough ride, said Anndy Lian, Chairman, BigONE Exchange. |