Article By:
Menzie Chinn
Wednesday, May 1, 2024 1:10 PM EDT
Republicans and lean Republican respondents really, really, really don’t like economic conditions right now, switching “bigly” upon Trump’s election, contributing to an outsize impact on the overall University of Michigan consumer sentiment index.
Read
Article By:
Tyler Durden
Wednesday, May 1, 2024 1:01 PM EDT
Federal prosecutors are investigating compliance issues at Block, the fintech firm co-founded by Jack Dorsey, according to a new report from NBC, citing "two people with direct knowledge".
Read
Article By:
ING Economics
Wednesday, May 1, 2024 12:22 PM EDT
Today’s Federal Reserve FOMC meeting is likely to see the Fed adopt more hawkish language than at the March FOMC meeting, but they certainly won’t close the door to potential rate cuts later in the year.
Read
Article By:
Christian Borjon Valencia
Wednesday, May 1, 2024 12:05 PM EDT
The Pound Sterling is virtually unchanged against the US Dollar following the release of mixed Purchasing Managers Index (PMI) data from S&P Global and the Institute for Supply Management (ISM).
In this article: FXB, UUP
Read
Article By:
Invezz
Wednesday, May 1, 2024 11:43 AM EDT
American stocks were mixed on Wednesday as the earnings season continued and as investors waited for the latest Federal Reserve decision. The Dow Jones rose by over 65 points while the S&P 500 and Nasdaq 100 indices fell by over 10 basis points.
In this article: MCO, AMGN, BKNG, DKNG Also: APO, COP, CVS, EL, ICE, IRM, LEG, LYV, NVO, SMCI, AAPL, SBUX, NCLH, LC, PINS, SOJA, ROOT, OWL
Read
Article By:
Zacks Investment Research
Wednesday, May 1, 2024 11:30 AM EDT
Things are tricky this year, with the world likely to be experiencing a stagflation-like scenario. So, walking along the regular path won’t make you profitable this time. Let's take a deeper dive...
In this article: PPA, RATE, HEWJ, XLK, SPYD
Read
U.S. recession risk remains low at the moment, based on the newsletter’s primary indicator, which aggregates several business-cycle metrics.
Over the last two weeks, the bullish sentiment index has reversed from extreme greed to fear. The composite net bullish sentiment index, comprised of professional and retail investors, fell from 38.15 to 9.9 in two weeks.
When considering IBM’s stock price forecast 2024, it is essential to focus on the overall trend rather than fixating on specific price targets.
In my prior post from early April, I mentioned that I was closely watching if the OMXIPI and OMXI15, the two main benchmarks for the Icelandic stock market, are in the process of reversing their long-term trends from down to up.
Equilibrium was lost when an earnings-based reflex rebound restored S&P to around the 50-Day Moving Average, and then Tuesday simply worked into a more notable sell-off.
International Paper (IP) manufactures packaging products and cellulose fibers. Over the past year, International’s share price increased about 5.58% from $33.11 to $34.96 as of Tuesday’s market close.
