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Monday's Market Minute: Rising Rates And The Fed
2021 Mar 22, 9:42am | 405Read More...Investors and traders are dialed in on inflation, economic data, and interest rates this week, so let’s take a minute to get ahead of what’s to come. First, we have rates on the rise, and long-term investors are wondering if the recent spike will derail some of the existing trends that...
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Fed Still Taking 'All-In' Approach To Economic Recovery: Powell
2021 Mar 19, 1:58pm | 509Read More...The SPDR S&P 500 (NYSE: SPY) recovered from early losses on Friday and traded higher by 0.2% after the Wall Street Journal published an op-ed by Federal Reserve Chair Jerome Powell. Powell’s Words: In the story, Powell said the Fed remains committed to an “all-in” approach to...
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Mixed Nike, FedEx Earnings Don't Give Market Much Direction As Worries About Yields Fade
2021 Mar 19, 10:09am | 2105Read More...A pullback in the 10-year Treasury yield seems to be aiding a comeback in equities. With the benchmark government debt rate back below 1.7%, investors appear to be breathing at least a partial sigh of relief, although the rise in equity index futures was indicating that a potential rebound in...
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Big Tech Back Under Pressure From Rising Yields, With Apple, Microsoft, Semis Hit
2021 Mar 18, 10:14am | 2410Read More...A day after the Fed waved the green flag, the Treasury market raised a caution sign for growth stocks. New 14-month highs in the 10-year yield have investors’ feet firmly on the brakes this morning, especially in the Tech sector. Even without the early yield rise to as high as 1.75%,...
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This Day In Market History: Fed Announces $1 Trillion Monetary Stimulus
2021 Mar 18, 9:16am | 378Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 18, 2009, the Federal Reserve bank said it would pump more than $1 trillion into the U.S. economy by buying bonds for the first time since the 1960s. Where The Market Was...
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Fintech Focus For March 18, 2021
2021 Mar 17, 5:38pm | 1916Read More...Quote To Start The Day: First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end. Source: Aristotle One Big Thing In Fintech: Founded in 2020, TradeUI...
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After Fed Keeps Rates Unchanged, Market Moves Mostly Higher, But Techs See-Saw
2021 Mar 17, 3:52pm | 1800Read More...A year after initiating zero interest rates in response to Covid, the Fed’s long-term outlook still doesn’t show it “thinking about thinking about” getting less accommodative with its policy before 2023. Despite mounting 10-year yields and a rapidly improving economy,...
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Fed Maintains Interest Rates, Says Inflation Still 'Below 2%': What Investors Need To Know
2021 Mar 17, 3:32pm | 514Read More...The Federal Reserve maintained its target fed funds rate range of between zero and 0.25% on Wednesday. The Fed also reassured investors that inflation levels are under control as the U.S. navigates the ongoing pandemic. “Following a moderation in the pace of the recovery, indicators of...
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Tech Pulls Back In Pre-Market Trading After Apple, Facebook Helped Lead Tuesday Rally
2021 Mar 17, 9:53am | 2635Read More...Word comes down from Constitution Avenue today on how long the Fed thinks these zero rates might last. It won’t be in the form of any promises, obviously, but the Fed’s “dot plot” of future rates might get a closer look than normal from investors veering...
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Wednesday's Market Minute: If/Then
2021 Mar 17, 9:41am | 565Read More...If the Fed says absolutely nothing new, then bond yields should continue to climb. Why: because yields have already been climbing under the new regime; objects in motion tend to stay that way. If bond yields spike immediately, CFTC data and recent TLT put volumes suggest active traders may have a...
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Fintech Focus For March 17, 2021
2021 Mar 16, 8:59pm | 1939Read More...Quote To Start The Day: To succeed in business you must learn the art of saying no. Source: Barbara Corcoran One Big Thing In Fintech: Owning a company’s stock drives brand loyalty and increases spending. That’s according to a Columbia Business School study that analyzed transaction-...
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Tuesday's Market Minute: Market Has A Close Eye On FOMC Meeting
2021 Mar 16, 9:50am | 362Read More...The market is closely eyeing the Fed, much like how the Fed must be keeping tabs on with how quickly the yield curve is steepening. Most likely Fed Chair Powell will rely on the short-term risks to the economic outlook to defend the central banks’ ultra-easy monetary stance. Wall Street...
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Choppy Trading Possible Over Next Two Days While Market Awaits Fed Verdict
2021 Mar 16, 9:39am | 2480Read More...If things get choppy today, you can probably blame the Fed. Their meeting gets underway soon and we could have a bit of turbulence between now and tomorrow afternoon when Fed Chairman Jerome Powell addresses the media. Everyone is waiting pretty much on the edge of their seats to hear what,...
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Key Earnings This Week Include Latest From Bellwethers Nike And FedEx
2021 Mar 15, 9:57am | 2715Read More...We begin the week near record highs, and major indices climbed the proverbial “wall of worries” to get here. From most of the things being reported, you’d think the market was getting absolutely annihilated, but the more people worry, the better it gets. The S&P 500 Index...
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Tech, Growth Stocks Under Pressure As Treasury Yields Rise
2021 Mar 12, 11:44am | 1836Read More...After some relative calm on the interest rate front, another jump in the 10-year Treasury yield seems to be pressuring stocks this morning, a day after major indices closed at record highs. With optimism on the vaccine and a newly inked stimulus package, investors appear to be selling safe-haven...
