S&P closes at more than two-month high on retail, energy lift
Synopsis by Reuters Nov 23 22
U.S. stocks rallied on Tuesday, with the S&P 500 closing at its highest level in 2-1/2 months as a sales forecast by Best Buy dampened concerns high inflation ...Read full article 
Forbes: How Should You Have Invested In 2022?
Story Details
| Last Updated | Nov 23 22 |
| Total Articles | 10 |
Main Topics
News on this topic
US Stocks rally as investors bet on easing of interest rate hikes, inflation by December end
financialexpress.com/investing-abroad/featured-stories/us-stocks-rally-as-investors-bet-on-easing-of-interest-rate-hikes-inflation-by-december-end/2886874/
S&P closes at more than two-month high on retail, energy lift: U.S. stocks rallied on Tuesday, with the S&P 500 closing at its highest level in 2-1/2 months ...
reuters.com/markets/us/futures-flat-after-slipping-china-lockdown-worries-2022-11-22/
This isn't a 'close your eyes and buy anything' kind of market: Market expectations for a Fed rate cut next year vanish
marketwatch.com/story/this-isnt-a-close-your-eyes-and-buy-anything-kind-of-market-11669149455
More news on this subject
Previous
US Stocks rally as investors bet on easing of interest rate hikes, inflation by December end
financialexpress.com/investing-abroad/featured-stories/us-stocks-rally-as-investors-bet-on-easing-of-interest-rate-hikes-inflation-by-december-end/2886874/
S&P closes at more than two-month high on retail, energy lift: U.S. stocks rallied on Tuesday, with the S&P 500 closing at its highest level in 2-1/2 months ...
reuters.com/markets/us/futures-flat-after-slipping-china-lockdown-worries-2022-11-22/
This isn't a 'close your eyes and buy anything' kind of market: Market expectations for a Fed rate cut next year vanish
marketwatch.com/story/this-isnt-a-close-your-eyes-and-buy-anything-kind-of-market-11669149455
SPY: 10 Reasons To Believe A 10% Decline In The S&P 500 Is Forthcoming: SPDR® S&P 500 ETF Trust might face a significant 10% decline, following its strong Q1 ...
seekingalpha.com/article/4684044-spy-10-reasons-to-believe-a-10-percent-decline-in-the-s-and-p-500-is-forthcoming
Paid articlePaid
Quick Glance: SPY: 10% Decline in S&P 500 Expected
- The SPDR® S&P 500 ETF TRUST rose 10.2% in the first quarter, but the S&P 500 Index has struggled in April.
- An increase in interest rates has not impacted the stock market yet, but a reversion is expected to reflect recent rate movements.
- Despite an inverted yield curve signaling a recession, it is being delayed due to massive deficit spending.
- Insiders are selling, the job market is deteriorating, and consumers are tapped out, potentially leading to a 10% decline in the S&P 500.
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
The stock market correction is coming: Gate of destiny shows potential stock market trend over the next few weeks
boerse-online.de/nachrichten/aktien/die-aktien-korrektur-kommt-tor-des-schicksals-zeigt-potenziellen-boersen-verlauf-der-naechsten-wochen-20355143.html
A Market Plagued By Uncertainty: Geopolitical tensions between Iran and Israel cause market volatility and uncertainty, leading to weak performance of the market ...
seekingalpha.com/article/4684265-a-market-plagued-by-uncertainty
Paid articlePaid Stock market today: S&P 500 hits 4-day losing streak as tech drops: The S&P 500 notched its fourth-straight day of losses as Nvidia, Meta, and other tech names ...
markets.businessinsider.com/news/stocks/stock-market-today-sp500-tech-fed-rate-cuts-outlook-inflation-powell-2024-4
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Here's Your 'Second Chance' To Own 7 Leading Stocks Like Nvidia: Tired of listening to your neighbors bragging about all their winning S&P 500 ...
investors.com/etfs-and-funds/sectors/sp500-your-second-chance-to-own-7-leading-stocks-like-nvidia/
Stock Market Today: Dow, S&P Live Updates for April 16: The world’s biggest bond market remained under pressure and stocks wavered after Jerome Powell signaled ...
bloomberg.com/news/articles/2024-04-15/stock-market-today-dow-s-p-live-updates
Paid articlePaid Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries
reuters.com/markets/us/wall-st-week-ahead-surging-us-energy-shares-reflect-robust-growth-inflation-2024-04-12/
Stocks could jump 13% even with dimming rate-cut outlook: Fundstrat: The S&P 500 could end the year at 5,700 even if the outlook for Fed rate cuts doesn't ...
markets.businessinsider.com/news/stocks/stock-market-fed-rate-cut-outlook-inflation-sp500-rally-fundstrat-2024-4
How To Delete Tesla's Sinking Stock From Your Portfolio: Tesla used to be a magnificent S&P 500 stock every investor wanted to own — now it's a ...
investors.com/etfs-and-funds/etfs/sp500-how-to-delete-teslas-sinking-stock-from-your-portfolio/
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
- A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.
- Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.
- The increased minimum wages worsen the existing challenges faced by independent restaurants in California.
- Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
Gold prices hit a record high. What's behind the surge?: The price of gold has climbed 17% in 2024.
abcnews.go.com/Business/gold-prices-hit-record-high-surge/story
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Earnings Season Can Save the Bull Market From Inflation: US stock market valuations have expanded in the face of sticky inflation on the promise of big gains in ...
bloomberg.com/opinion/articles/2024-04-19/earnings-season-can-save-the-bull-market-from-inflation
Paid articlePaid S&P 500 set to crash 30% before an even bigger collapse: David Brady: Analyst David Brady said overvalued stocks are set to tumble, rebound before the ...
businessinsider.com/spx-stock-market-outlook-bubble-crash-brady-election-fed-economy-2024-4
Multinational giants urged to front supermarket inquiry for ‘playing hardball’: Australian retailers have turned their sights on global suppliers such as Nestle ...
smh.com.au/business/companies/multinational-giants-urged-to-front-supermarket-inquiry-for-playing-hardball-20240411-p5fj6q.html
Goldman Sachs and other bank stocks are popping on earnings: M&T Bank was the top performer in the S&P 500 for the day, and Charles Schwab was also up
qz.com/goldman-sachs-charles-schwab-m-t-bank-earnings-stock-1851410749
S&P 500 Hits Lowest Level In 2 Months As Middle East Violence Increases Anxiety: The S&P is now down 4% from its all-time high as bond yields are up to their ...
go.forbes.com/c/K6Zy
More Americans worried about climate change, but few think Biden's climate law will help, AP-NORC poll says
pbs.org/newshour/politics/more-americans-worried-about-climate-change-but-few-think-bidens-climate-law-will-help-ap-norc-poll-says
S&P 500 Index (SPX) Sees Worst Week Since October Amid Geopolitical Tensions: Just weeks ago, it all felt so easy. Jerome Powell was poised to kick off the great ...
bloomberg.com/news/articles/2024-04-12/risk-addicted-wall-street-funds-are-shaken-as-bad-news-piles-up
Paid articlePaid I saved $1,700 eating leftover food from NYC's top restaurants — here's the gourmet haul I got for mere dollars
nypost.com/2024/04/12/lifestyle/i-saved-1700-eating-leftover-food-from-nycs-top-restaurants-what-i-got/
What China’s central bank and Costco shoppers have in common: Hint: it is not a fondness for cryptocurrencies
economist.com/finance-and-economics/2024/04/11/what-chinas-central-bank-and-costco-shoppers-have-in-common
Fed May Delay Rate Cuts Until After 2024, Neel Kashkari Says: The Federal Reserve needs to achieve more confidence that inflation is declining before cutting ...
bloomberg.com/news/articles/2024-04-18/kashkari-says-fed-could-potentially-hold-rates-steady-all-year
What is weighing on CEOs’ minds this earnings season? : Shareholder letters are proving to be bleakly prophetic
economist.com/business/2024/04/18/what-is-weighing-on-ceos-minds-this-earnings-season
Cheapest place to buy olive oil as supermarket prices hit £15: UK shoppers have been left unimpressed by the rising cost of an essential kitchen cupboard item in ...
walesonline.co.uk/news/cost-of-living/buy-cheapest-olive-oil-prices-29005877
Mortgage rates are rising again as inflation fears mount: The average rate on the 30-year fixed mortgage hit a 2024 high this week
qz.com/mortgage-rates-inflation-interest-federal-reserve-1851421885
UK retail sales stagnate despite easing inflation: British retail sales stagnated in March despite high inflation easing recently, representing the first time ...
reuters.com/world/uk/uk-retail-stagnated-again-march-ons-says-2024-04-19/
LVMH sales growth slips on luxury spending slowdown: LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its ...
reuters.com/business/retail-consumer/lvmhs-first-quarter-sales-growth-slips-3-luxury-slowdown-2024-04-16/
Fed policymakers agree: there's no urgency to cut rates: Federal Reserve policymakers have coalesced around the idea of keeping borrowing costs where they are ...
reuters.com/markets/us/feds-williams-doesnt-see-urgent-need-cut-interest-rates-2024-04-18/
This is how the EnBW charging tariff for ADAC members is changing - AUTO BILD: EnBW customers can currently charge at a fixed rate at stations operated by other ...
autobild.de/artikel/enbw-ladetarifanpassung-25722451.html
Costco unveils sales smasher, dividend kicker: Analysts weigh in on Costco shares and reset price targets.
charlotteobserver.com/news/business/article287611365.html
Retail sales disappoint as wary shoppers hold back the urge to splurge: Bad weather has also affected shoppers' unwillingness to spend
inews.co.uk/news/business/retail-sales-disappoint-shoppers-3007835
McDonald's: Peak Performance Thesis Sustained: McDonald's stock has underperformed the S&P 500, with high leverage and inflation impacting cash flow ...
seekingalpha.com/article/4684712-mcdonalds-peak-performance-thesis-sustained
Paid articlePaid
The EPA is transforming communities throughout the Kansas City region. Here’s how | Opinion
kansascity.com/opinion/readers-opinion/guest-commentary/article287735810.html
Inflation, wages, and interest rates — the truth about Biden’s economy: Joe Biden has presided over record job creation, historically low unemployment ...
vox.com/24134257/biden-economy-inflation-wages-interest-rate
Goldman Sachs: The experts are now betting on these new growth stocks: New high ROE growth stocks added by Goldman Sachs, including Amazon, Uber and Pfizer.
boerse-online.de/nachrichten/aktien/goldman-sachs-auf-diese-neuen-wachstumsaktien-setzen-die-experten-jetzt-20355554.html
Retail sales in Great Britain flatline as households continue to feel squeeze: Shoppers cut back in March, with data likely to increase pressure on Bank of ...
theguardian.com/business/2024/apr/19/retail-sales-in-great-britain-flatline-as-households-continue-to-feel-squeeze
S&P 500 stock index posts its fifth loss in a row; Netflix subscriptions jumped last quarter
postandcourier.com/s-p-500-stock-index-posts-its-fifth-loss-in-a-row-netflix-subscriptions-jumped/article_870c5a4a-fd1b-11ee-be03-ef275c53df40.html
SPY: Resurgent Inflation, Soaring Yields, Geopolitical Turmoil - 1970s All Over Again?
seekingalpha.com/article/4684300-spy-resurgent-inflation-soaring-yields-geopolitical-turmoil-1970s-all-over-again
Paid articlePaid Indices slide as rate cut hopes crash: Nearly Rs 8 trillion of investor wealth eroded in 3 days
financialexpress.com/market/indices-slide-as-rate-cut-hopes-crash-3458911/
NRW: Price madness on the Tchibo shelf - How is THAT possible?: Coffee prices at Tchibo have skyrocketed. But in a very specific area near North Rhine-Westphalia ...
derwesten.de/region/nrw-tchibo-kaffee-teuer-rothenbach-id300926219.html
L.A. renters struggling and feeling pessimistic, survey finds: An annual survey from UCLA’s Luskin School of Public Affairs found renters under strain from the ...
latimes.com/california/story/2024-04-17/renters-across-la-are-struggling-and-feeling-pessimistic-survey-finds
It’s Suddenly Lonely Being a Dove on Fed Policy. So Be It.: Hot retail sales data and the risk of higher energy prices have bond traders on edge ...
bloomberg.com/opinion/articles/2024-04-15/it-s-suddenly-lonely-being-a-dove-on-fed-policy-so-be-it
Paid articlePaid
‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...
ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Jail threat, apologies as Woolworths and Coles supermarket chiefs face Australian senate inquiry
nzherald.co.nz/business/jail-threat-apologies-as-woolworths-and-coles-supermarket-chiefs-face-australian-senate-inquiry/L47LF62E6VHIHLTAZR5S3S37YM/
Minneapolis Fed president on inflation uptick and when to cut interest rates: Inflation came in higher than expected last month, raising concerns once again ...
pbs.org/newshour/show/minneapolis-fed-president-on-inflation-uptick-and-when-to-cut-interest-rates
US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...
reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/
Alarming Inflation Data Gives Pause to New Home Builders: New home builders are showing concern after new inflation data was released. But could this confidence ...
smallbiztrends.com/alarming-inflation-data-gives-pause-to-new-home-builders/
What the Upper-Middle-Class Left Doesn’t Get About Inflation: Liberal politicians and economists don’t seem to recognize the everyday harms of rising costs.
theatlantic.com/ideas/archive/2024/04/inflation-democrats-biden-interest-rates/678047/
The Dow is hesitating as the Fed announces it may delay rate cuts due to inflation
qz.com/dow-jones-rate-cuts-inflation-federal-reserve-1851414249
Waning of inflation boosts Tesco and supermarket peers: A significant weakening of inflation over recent months has set the retailer up for a strong year
businesspost.ie/analysis-opinion/waning-of-inflation-boosts-tesco-and-supermarket-peers/
Paid articlePaid Stock-market pullbacks are price of admission. Historically, markets rise afterwards, this strategist says.
trib.al/cgPrKgp
Inflation concerns dampen investor enthusiasm despite strong Q1 earnings: Finance - The Q1 2024 earnings report season started with the S&P 500 posting its worst ...
business-review.eu/money/finance/inflation-concerns-dampen-investor-enthusiasm-despite-strong-q1-earnings-259408
Banco BBVA Argentina: The Trend Is Your Friend: Banco BBVA Argentina has shown decent performance despite the challenging macroeconomic environment in Argentina ...
seekingalpha.com/article/4683990-banco-bbva-argentina-the-trend-is-your-friend
Paid articlePaid
March retail sales blew past expectations : Retail sales in March surpassed expectations, according to new numbers released by the Commerce Department on Monday ...
thehill.com/business/4596265-march-retail-sales-blew-past-expectations/
Q1/2024 check-up: how the Swiss economy is faring - SWI swissinfo.ch: The highlights of the Swiss economy in the first three months of 2024 - here is our ...
swissinfo.ch/eng/workplace-switzerland/q1-2024-check-up-how-the-swiss-economy-is-faring/75764295
Businesses urged to help as UK unemployment jumps: The number of people out of work rose higher than some economists were expecting
business-live.co.uk/economic-development/businesses-urged-help-uk-unemployment-29003255
How long will the S&P 500 slide last?: The index has fallen for two weeks in a row and may have more to fall, starting next week.
kentucky.com/news/business/article287666815.html
Popeyes, Goobne hike prices days after elections: Food firms and restaurant chains in Korea have resumed price hikes, after they followed the government’s ...
koreatimes.co.kr/www/tech/2024/04/419_372730.html
M&T Bank Had a Tough Quarter. Why the Stock Is Leading the S&P 500 Today.: Earnings and net interest income at the regional lender M&T Bank declined sharply ...
barrons.com/articles/m-t-bank-earnings-top-stock-s-p-500-fc914c98
Paid articlePaid Geopolitical Turmoil Won't End This Bull Market: Stock market pullback amid fears of end to disinflation and Fed rate reduction, but overall positive trend ...
seekingalpha.com/article/4683790-geopolitical-turmoil-wont-end-this-bull-market
Paid articlePaid
Tesco shoppers baffled after spotting 'mental' price of olive oil: Tesco shoppers were taken aback after spotting one bottle of olive oil on sale for £13 ...
walesonline.co.uk/news/cost-of-living/tesco-shoppers-baffled-olive-oil-28975660
Financial Markets On Edge As Oil And Gold Prices Could Soar Amid Rising Israel-Iran Tensions
benzinga.com/news/24/04/38239994/financial-markets-on-edge-as-oil-and-gold-prices-could-soar-amid-rising-israel-iran-tensions
£16 warning to all shoppers with olive oil in their kitchen: The average price of a two-litre bottle of supermarket olive oil has risen by 89 per cent in the ...
nottinghampost.com/news/cost-of-living/olive-oil-16-warning-shoppers-9223616
Large Fund Bets Big on Groceries in the Face of Persistent Inflation: Alaska Permanent, the largest U.S. state wealth fund, just tripled investments in Walmart ...
barrons.com/articles/groceries-inflation-walmart-kroger-ford-aa705f60
Paid articlePaid Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics