Peter Boockvar News
15.03 / 16:09
20.02 / 02:03
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Asian stocks drop after Fed Minutes show caution
Federal Reserve meeting minutes signaled that it’s in no rush to cut interest rates. Stocks in Japan and Australia dropped while equity index futures for Hong Kong also drifted lower. Contracts for US stocks also slipped in early Asian trading after the S&P 500 climbed 0.2% on Wednesday to set a new high, with defensive sectors outperforming in a sign of investor caution. The yen extended its rally against the greenback on Thursday to trade around 151 per dollar.
26.04 / 16:07
01.03 / 21:25
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With inflation and Ukraine, Powell must thread a needle on Capitol Hill this week to calm markets
Federal Reserve Chairman Jerome Powell is tasked with telling Congress this week that the central bank will be doing more to control inflation at a time when markets expect it will be doing less.
24.01 / 21:44
18.01 / 17:35
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Dow falls nearly 200 points, Nasdaq snaps three-day winning streak as tech rally stumbles
U.S. stocks struggled on Thursday as a rebound in tech stocks faded, erasing gains from earlier this week.
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