Markets Fall Friday For Mixed Week, But End Month Higher
Markets Fall Friday For Mixed Week, But End Month Higher
Markets Fall Friday For Mixed Week, But End Month Higher
Friday's close recorded a loss for the day as metals plunged and President Trump made his pick to be the Fed's next chair. For the week, results were mixed, but all three indices did score a winning month.
Warsh's Confirmation, Fed's Independence Now In Focus
Markets Fall Friday For Mixed Week, But End Month Higher
Markets Fall Friday For Mixed Week, But End Month Higher
The President's Fed chair choice may be facing a rough road ahead. Confirmation isn't assured, the Fed's independence is now under scrutiny, and current officials are already divided over future rate cuts.
Metal Meltdown: What Drove Epic Tumble Of Gold & Silver
Markets Fall Friday For Mixed Week, But End Month Higher
Fed Watch: Pause In Interest Rate Cuts Lands As Expected
Over the past year, precious metals such as gold and silver were on a massive tear as safe havens for the markets. That run, however, hit a huge brick wall last week. What led to this sudden shift? Read here.
Fed Watch: Pause In Interest Rate Cuts Lands As Expected
Fed Watch: Pause In Interest Rate Cuts Lands As Expected
Fed Watch: Pause In Interest Rate Cuts Lands As Expected
The central bank followed the script just as expected Wednesday when it decided against another rate cut. Fed officials are still divided over how to proceed as they balance the jobs market versus inflation.
December PPI Report Shows Wholesale Inflation Warming
Fed Watch: Pause In Interest Rate Cuts Lands As Expected
Still Ahead: Jobs, Sentiment, And Round Two Of The Mag7
The latest producer price index found an unexpected jump for wholesale inflation last month. Overall PPI spiked 0.5% on a monthly basis, the largest increase since July, while overall yearly PPI held at 3%.
Still Ahead: Jobs, Sentiment, And Round Two Of The Mag7
Fed Watch: Pause In Interest Rate Cuts Lands As Expected
Still Ahead: Jobs, Sentiment, And Round Two Of The Mag7
The incoming week will feature plenty of focus on data. Topping the list, the latest jobs report due out Friday. Also to come, the new sentiment survey, and from the Mag7, Amazon and Alphabet's earnings.