History Suggests S&P 500 Wobbles Then Recovers After Fed's First Hike Since 2023
Based on historical patterns, the S&P 500 tends to dip after the Fed's first hike but recovers within a year, with bond yield speed as a key risk.
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Based on historical patterns, the S&P 500 tends to dip after the Fed's first hike but recovers within a year, with bond yield speed as a key risk.
Jensen Huang told CBS News there is a 0% chance AI will end the world by 2030, pushing back against doomsday fears.
Economists are raising neutral rate estimates for the Fed, ECB, and Japan, signaling higher long-term yields and less room for rate cuts.
Oil prices rose on Globex after Houthi missile and drone attacks targeted Riyadh and an Aramco site.
Nvidia's Jensen Huang says the AI industry has entered a 'high production ramp,' countering bubble fears as chip stocks dip on safety warnings.
China kept its one-year and five-year loan prime rates unchanged for the 16th straight month, as the Fed's rate hike limited policy space.
Trump repeatedly urged Zelensky to halt strikes on Russian refineries, citing diesel prices, according to Axios; Zelensky expects a Tuesday meeting.
Stournaras leaves door open for October ECB rate hike if energy prices or inflation surge.
Minneapolis Fed's Kashkari said inflation is too high across the US economy, not just in oil, and supported the recent rate hike.
Ukraine struck Moscow's main oil refinery in its largest drone attack on the region, putting diesel supply in focus.