Economic Performance/Indicators

Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’

Federal Reserve Governor Christopher Waller said on Sunday that financial markets appeared to have overreacted to weaker-than-expected October consumer price inflation data last week. “It was just a data point,” Waller said during a conversation in Sydney, Australia, sponsored by UBS. “The market seems to have gotten a head start on this one CPI report. …

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U.S. stocks struggling to make ‘crazy’ bounce-back rally stick as earnings season gets under way

U.S. stocks saw their first gains tumble on Friday as the market turned south after trying to build on a rebound in the previous session that marked what has been called one of the days of craziest market in history. Stocks fell after a closely watched survey showed consumer inflation expectations were on the rise, …

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Dow tumbles 600 points as stock market wipes out Wednesday bounce

U.S. stocks extended losses in afternoon trade on Thursday after a batch of economic data bolstered expectations that the Federal Reserve will continue to aggressively raise interest rates in its bid to rein in the tide. ‘inflation. How Stocks Trade The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The …

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Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to quell still-burning inflation – but investors should be prepared for more pain and volatility as policymakers politicians won’t be intimidated by a sell-off, investors and strategists said. “I don’t think they’re necessarily trying to drive …

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These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA down 1,276 points (or 3.9%) to 31,104, with all 30 components posting …

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‘An increasing squeeze on list prices.’ 3 top economists and real estate pros on the housing markets where home prices will drop the most this year

Some markets may be more vulnerable to house price declines than others, the pros say. Getty Images Buyers in some markets are already getting — or may soon get — some relief in the form of lower home prices, the pros say. Already, over the past 4-8 weeks, experts have noticed downward price pressure in …

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Dow drops 300 points as options expiration unleashes volatility in stocks

U.S. stocks traded lower on Friday as more than $2 trillion in stock-linked options expired, as investors digested more hawkish comments from the Federal Reserve. How are stock index futures traded? The Dow Jones Industrial Average DJIA, -0.78% fell 302.06 points, or 0.9%, to 33,695. The S&P 500 SPX, -1.20% fell 57 points, or 1.4%, …

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