*U.S. STOCK FUTURES RISE AS YIELDS RETREAT FROM HIGHS - $DIA $SPY $QQQ 🇺🇸🇺🇸
- U.S. stocks rose on Friday as Treasury yields took a breather from a week-long rally that was sparked by worries that the Federal Reserve would keep interest rates higher for longer to tame stubborn inflation.
"What is driving the optimism despite the new data we received in contrast to January is investors are still open for the next Fed meeting to come up with a 25 basis point hike," said Guido Petrelli, chief executive officer of Merlin Investor. Offering respite to stock markets on Thursday, Atlanta Fed President Raphael Bostic said the impact of higher rates on the economy might only begin to"bite" in earnest this spring, an argument for the Fed to stick with"steady" quarter-point rate increases.
The odds of a bigger 50 basis point rate hike in March stood at just 20% but investors are awaiting monthly payrolls and consumer prices data to see if the Fed will go big later this month.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
iHeartMedia Stock Slides As Wall Street Remains Wary of Advertising HeadwindsJ.P. Morgan analysts downgraded the stock Wednesday, saying that the company's Q1 guidance is reflective of an 'uncertain macro environment.'
Baca lebih lajut »
Okta stock surges as Wall Street thinks software company is 'partially out of the woods'Okta shares rallied Thursday as Wall Street greeted the identity-management software company's forecast of profitability for the year with cautious optimism.
Baca lebih lajut »
Dell stock climbs on Wall Street beat; company announces CFO changeDell Inc. on Thursday reported fourth-quarter and full-year results that beat Wall Street expectations, giving a boost to its stock in extended trading. Dell...
Baca lebih lajut »
U.S. stock futures lean higher after strong Wall Street showingU.S. stock futures leaned higher Friday after a strong session on Wall Street, with index levels holding above a key technical level.
Baca lebih lajut »
Wall Street heads for weak open as yields rise againWall Street's main indexes were set to come under pressure on Wednesday, with stock futures reversing early gains, as higher Treasury yields offset a boost from a jump in China's manufacturing activity.
Baca lebih lajut »
10 Places Wall Street Experts Say to Invest Amid High Risk For StocksTop Wall Street strategists and money managers are warning that the risk-reward ratio for stocks is at its worst since the 2008 crisis. Here are 10 places they say to put your money instead with further downside expected for the S&P 500.
Baca lebih lajut »