Stocks close slightly up after prior week's selloff

Last week, the Dow Industrials fell by the biggest weekly percentage since September, and the S&P 500 and Nasdaq each had their biggest weekly percentage fall since December as

and comments from U.S. Federal Reserve officials heightened expectations the central bank will become more aggressive in raising interest rates.of its interest-rate rises in March with a half-point hike. Morgan Stanley said it no longer sees a cut by the Fed this year and expects a slower pace of 25 basis points when the central bank does begin lowering rates.

Traders work on the trading floor at the New York Stock Exchange in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly Fed funds futures show traders are pricing in a third 25 bps hikes this year and see rates peaking at 5.4% by September." inflation would quickly fall back to target and was committed to keeping restrictive monetary policy in place for as long as needed.new orders for key U.S.-made capital goods increased more than expected in January while shipments of core goods rebounded, suggesting that business spending on equipment picked up.

This benefits no one but the upper class, but keep pretending like we are not sliding into another economic downturn while Americans continue to struggle to overcome a pandemic.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow ekes out gain, stocks end higher Monday after worst week of 2023U.S. stocks booked modest gains on Monday after recording their worst week of the year as jitters about inflation and interest rates rattled investors. The... $pypl didn’t move for shit PayPal
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street’s most overbought stocks include PepsiCo and this little-known insurance companyInvestors should consider easing exposure to names that are still overbought. They can gauge this with the relative strength index. If you want to learn about different types of charts in trading, see this trading charts technicalAnalysis
Source: CNBC - 🏆 12. / 72 Read more »

Top Wall Street analysts expect these stocks to thrive despite macro pressuresTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart & Datadog.
Source: CNBC - 🏆 12. / 72 Read more »