Stocks close higher, Dow gains 300 points as Fed’s Bostic spurs relief rally: Live updates

to neutral from overweight on Thursday, a day after the discount retailer gave first-quarter EPS guidance and fiscal-year revenue that fell short of Wall Street's expectations.

"Digging deeper, management cited 'multiple moving parts and noise in the last 30-45 days of the quarter' citing Omicron a year ago with forward looking 'caution' tied to an uncertain macroeconomic environment and anniversary of stimulus/fiscal in the marketplace over the past few years," he wrote. Atlanta Federal Reserve President Raphael Bostic said he thinks the central bank can stick with quarter-point interest rate hikes.

Wall Street analysts largely agreed that the plan gave a long-term vision for the company, but they said it lacked specifics on how the electric vehicle giant would get there. Still, many held the ratings they had on the stock heading into the meeting.

Why does the market care what these non voting members are saying. Both Bostic and Bullard shouldn’t even speak durning market hours. Then you have Waller a voting member come out and say they aren’t make much progress after the mark closed.

Every single person who believes this completely wrong. We are in the era of Arthur burns policies. Until theFED does what’s right, which is raising the Fed funds rate, at least above the CPI rate we will be stuck in hyper inflation for a long time. need to raise 100-200bp now

No, they rose because Bostic made a stupid statement, AFTER saying rates were going to have to go higher, he said 'possible pause end of summer', and off it went as the sheep and algos came to the feeding trough. Should be rules against the FED making comments every other day.

Is this a joke? The FED may surprise you and hammer everyone. The entire world is slowing down. This is a huge set up for a massive tidal wave

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stock market today: Dow suffers monthly loss as Fed fears wound stocks in February By Investing.comStock market today: Dow suffers monthly loss as Fed fears wound stocks in February 6% is crazy
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

U.S. stocks kick off March in the red as Dow falls to fresh 2023 lowsU.S. stocks are starting March in the red, building on losses from a dismal February as the Dow Jones Industrial Average started the new month at its lowest level of the year. The Dow opened down 30 points, or 0.1%: Here's the plan
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Bearish Dow theory signal suggests more pain ahead for stocksA 100 year-old stock market indicator is flashing bearish signals that point to more pain ahead for investors Thank Biden.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Dow pops more than 250 points as stocks try to shake off higher rates: Live updatesStrong results from Salesforce lifted the Dow Jones Industrial Average. Btc is on the way
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Dow jumps 400 points in final half-hour, stocks brush aside climbing bond yieldsU.S. stocks were hovering near session highs in the half-final hour of trade Thursday, shaking off earlier weakness and pressure from higher U.S. government... BULLS climbing bond yields and mortgage rates going over 7 Thank Bostic + Algos
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Dow climbs 340 points as stocks finish higher despite rising Treasury yieldsU.S. stocks closed higher on Thursday, shrugging off early losses as words from Atlanta Fed President Raphael Bostic appeared to help lift stocks in afternoon trading. The Dow Jones Industrial Average gained 341.73 points, or 1.1%, to close at 33,003.57: It's because yields have probably peaked or nearing their peak. Money could start flowing back into stocks sooner than later. Don't trust these 'pundits'
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »