S&P 500 futures advanced Wednesday night as investors looked beyond the latest interest rate hike and commentary from the Federal Reserve. Futures tied to the broad index added 0.5%. Nasdaq 100 futures…
الوسم: Stock markets
Why the US economy could fall prey to McCarthy’s ambition | CNN Politics
CNN — President Joe Biden and House Speaker Kevin McCarthy’s talks on Wednesday are about more than a Washington power game. If the two most important leaders in Washington can’t agree to…
Dow falls more than 300 points after Fed raises rates, sees ‘ongoing’ hikes
The Dow Jones Industrial average fell Wednesday after the Federal Reserve announced a widely-anticipated quarter-point rate hike and said it expects “ongoing” increases. Losses were kept in check as the central bank…
Europe grew faster than the US last year. Its markets are outperforming too | CNN Business
London CNN — Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its economy looks set to dodge a recession many…
Cathie Wood predicts the market value of disruptive innovation companies will rise to $200 trillion
Ark Invest’s Cathie Wood said Wednesday she’s standing by her disruptive innovation strategy, betting on the market value of these companies to compound 40% annually to hit $200 trillion by 2030. “Our…
Will the Fed end the 2023 market rally? | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter…