Wall St mixed as retail sales data offsets bank earnings cheer By Reuters

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*U.S. STOCKS DROP AS FED RATE HIKE ODDS JUMP AFTER WALLER COMMENTS $DIA $SPY $QQQ $IWM 🇺🇸🇺🇸

) & Co beat analysts' estimates for first-quarter profit, signaling resilience through the banking crisis in March. Their shares rose between 1.2% and 6.2%.banks index surged 3.3% to a one-month high, while the KBW Regional Banking index rose 0.8%.

Bank stocks lag S&P 500 this year, https://fingfx.thomsonreuters.com/gfx/mkt/xmvjkjqgapr/Pasted%20image%201681463912992.png "The retail sales are kind of a disappointment," said Robert Pavlik, senior portfolio manager at Dakota Wealth."The report indicates that the economy may actually slow more to the point where we have to start worrying about a recession more than just inflation."

Following Friday's retail sales data, traders stuck to bets the U.S. central bank will raise rates by another 25 basis points in May.

 

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Or alternatively US stocks rise for the 4th successive week.

I find it insane how a stock that’s mostly owned by retail can drop because some suit said something. Surely if stocks ran on supply and demand, all the stocks couldn’t drop simultaneously. US market is rigged man

Rate hikes side effects in economic growth around world

Cảm ơn

If u understand USD, u will know how FED move.

Hoy solo hice una operación corta en Sp500. Muy buen trade para cerrar verde la semana

Your Fed is a big Chutia

This is an absolute top for the market ( $ES_F $NQ_F $SPY $SPX ).. Gold ( $GC_F) pulling back hard and Dollar ( $DXY ) and Interest Rates( $TNX )

Investing always write trash. Market need correction natural . Media paid to mislead people with their headlines

L O L

These half a percentage point drops are very concerning……not.

Waller and Powell need to be sent to jail

Well well well...

Inflation vs Growth. High Inflation slows Growth , but this is a time consuming process, gradual. Fed trying to speedup & reduce time , so that Inflation cools off quicker & subsequently growth comming back. But speedy Intrest hikes may put the economy into recession.

Casino

sell NVDA its trading at 26X Forward revenue with 160 P/E.

now we just need a positive comment. And markets shoot up. Lol . Crazy how reactive people are.

Waller needs to close his mouth then

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Wall Street rallies and tech stocks leap as inflation coolsA rally on Wall Street lifted stocks to their highest level in almost two months following the latest sign that inflation continues to cool. The S&P 500 rose 1.3% Thursday after a report showed inflation at the wholesale level slowed last month by more than expected. The Dow was up over 380 points, while the Nasdaq composite led the market on hopes slower inflation could lead the Federal Reserve to take it easier on interest rates. A separate report showed slightly more workers applied for unemployment benefits last week than expected, though the job market remains solid. ? 'damnit my 401k is doing good' some Trumper, probably Thanks president Biden, or does he only get the blame when the market goes down
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