Street

Fed uncertain of direction of economy as Wall Street meltdown deepens

Fed uncertain of direction of economy as Wall Street meltdown deepens

Federal Reserve Chairman Jerome H. Powell admitted this week that he doesn’t know a few things about the US economy. He does not know if it is doomed to fall into recession. He does not know how long high inflation will persist. And he doesn’t know if healthier supply chains will help much. “It’s very …

Fed uncertain of direction of economy as Wall Street meltdown deepens Read More »

FedEx announces unexpected bad news on Wall Street

FedEx announces unexpected bad news on Wall Street

FedEx stock price fell after warning investors that its performance suffered last quarter. Joe Raedle/Getty Images hide caption toggle caption Joe Raedle/Getty Images FedEx stock price fell after warning investors that its performance suffered last quarter. Joe Raedle/Getty Images In a tough economy, FedEx isn’t delivering, and that worries Wall Street. Last quarter it handled …

FedEx announces unexpected bad news on Wall Street Read More »

Wall Street ends down for third day as growth worries weigh on tech

Wall Street ends down for third day as growth worries weigh on tech

Join now for FREE unlimited access to Reuters.com Register Tech stocks down after latest Fed rate move Investors are concerned about the possibility of a recession Darden Restaurants falls on disappointing quarterly sales JetBlue posts lowest close since March 2020 Indices down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37% Sept 22 (Reuters) – Wall Street’s major …

Wall Street ends down for third day as growth worries weigh on tech Read More »

Wall Street tumbles as Fed focuses on Ford forecast and spooks investors

Wall Street tumbles as Fed focuses on Ford forecast and spooks investors

Join now for FREE unlimited access to Reuters.com Register All eyes are on the Fed’s policy decision on Wednesday Ford sees additional $1 billion in inflationary costs, stocks fall Nike slips after Barclays demotion over China lockdown issues Indices down: Dow 1.73%, S&P 1.8%, Nasdaq 1.58% Sep 20 (Reuters) – Wall Street tumbled on Tuesday …

Wall Street tumbles as Fed focuses on Ford forecast and spooks investors Read More »

Why stock investors fear a one-percentage-point Fed rate hike will 'piss off' Wall Street

Why stock investors fear a one-percentage-point Fed rate hike will ‘piss off’ Wall Street

As U.S. stocks and bonds come under pressure on Tuesday, some on Wall Street say investors are underestimating the possibility that the Fed could offer a surprise 100 basis point interest rate hike at the close of its meeting. two-day policy on Wednesday. With fed funds futures traders overwhelmingly pricing in a 75 basis point, …

Why stock investors fear a one-percentage-point Fed rate hike will ‘piss off’ Wall Street Read More »

Wall Street tumbles as focus turns to Fed By Reuters

Wall Street tumbles as focus turns to Fed By Reuters

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York, U.S. September 13, 2022. REUTERS/Andrew Kelly By Devik Jain and Ankika Biswas (Reuters) – Major Wall Street indexes fell on Tuesday as investors positioned themselves for new economic projections and another big interest rate hike …

Wall Street tumbles as focus turns to Fed By Reuters Read More »

Ford's big profit warning is very good news.  Ask Wall Street.

Ford’s big profit warning is very good news. Ask Wall Street.

Text size There’s a silver lining to Ford’s ugly update for the third quarter of 2022. Leon Neal/Getty Images Ford engine said a lack of parts and inflation would leave it with third-quarter operating profit well below consensus estimates. Still, Wall Street doesn’t seem all that worried Ford (ticker: F) or its peers. There are …

Ford’s big profit warning is very good news. Ask Wall Street. Read More »

A cruel winter is coming for Wall Street as pandemic debts come due

A cruel winter is coming for Wall Street as pandemic debts come due

A banker recently told me that CEOs ‘would have to do something pretty special to go bankrupt’ over the past two years as the government pumped massive liquidity into the market on top of pandemic aid . That is changing, perhaps rapidly, with the Fed raising interest rates and shrinking the size of its balance …

A cruel winter is coming for Wall Street as pandemic debts come due Read More »

Wall Street strategists are torn over whether the stock market is set to crash or soar 20% ahead of next week's Fed meeting.  Here's where 6 market experts stand.

Wall Street strategists are torn over whether the stock market is set to crash or soar 20% ahead of next week’s Fed meeting. Here’s where 6 market experts stand.

Ahead of the Fed’s planned interest rate hike next week, Wall Street investors are torn over the outlook for equities. Some Wall Street strategists expect stocks to rebound sharply by the end of the year as inflation slows. This contradicts the opinion of Ray Dalio and Scott Minerd, who say the S&P 500 may fall …

Wall Street strategists are torn over whether the stock market is set to crash or soar 20% ahead of next week’s Fed meeting. Here’s where 6 market experts stand. Read More »