Stock market news today: Fed signals more interest rate hikes ahead

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

US stocks rise as traders look past Fed warnings and brace for earnings to kick off

US stocks traded higher on Monday as investors prepare for second-quarter earnings season and shake off comments from Federal Reserve officials about more interest rate hikes.

Big banks will kick-off earnings season on Friday, which should give investors a read on the consumer and the broader economy. Investors are also preparing for the Wednesday release of the June CPI report, which will shed light on whether inflation is coming down and if more interest rate hikes from the Fed are necessary.

Other data scheduled to be released this week includes the Atlanta Fed Wage Tracker report for the month of June and the Manheim Used Vehicle Index, both of which help measure inflation. San Francisco Fed president Mary Daly said on Monday that inflation is still too high, and that a couple more rate hikes are likely necessary.

"We're likely to need a couple more rate hikes over the course of this year to really bring inflation back into a path that's along a sustainable 2% path," Daly said at the Brookings Institution.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock Market Today: Nasdaq futures lead declines as 10-year holds over 4%Follow all the latest U.S. market action for Monday here.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Stock market news today: Investors await economic data and earningsUS stocks trade mixed as investors prepare for busy week of economic data, earnings
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Asia in wary mood for US inflation, earnings testsWeak U.S. consumer-price data could lessen the risk of another Fed rate rise.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »