Commoney Wise
  • News
  • Politics
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Crypto
  • Price Index
    • Stocks
    • Cryptocurrency
    • Commodities
    • Forex
  • Videos
  • Login
  • Register

  Breaking
Stricter Measures Implemented to Restrict Foreign Tourists from Using Cryptocurrency as Payment May 29, 2023
Watchdog fines just four companies despite 300,000 sewage spills May 29, 2023
Arby’s employee found dead in freezer had ‘beat her hands bloody’ trying to escape, lawsuit says May 29, 2023
GBP/USD gains ground on US Dollar weakness May 29, 2023
Investors react to tentative US debt ceiling deal May 29, 2023
Next
Prev

en English
en Englishes Españolde Deutschfr Françaisit Italianopt Portuguêsru Русскийzh-CN 简体中文hi हिन्दीja 日本語
Casino
  • News
  • Politics
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Crypto
  • Price Index
    • Stocks
    • Cryptocurrency
    • Commodities
    • Forex
  • Videos
No Result
View All Result
Commoney Wise
Casino
  • News
  • Politics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
  • Crypto
  • Tech
  • Videos
Home Economy

Stock futures slip to start the week with Fed meeting, key inflation data on deck

Staff by Staff
December 11, 2022
in Economy
0 0
A A
0

U.S. stock futures were modestly lower on Sunday evening ahead of a week with several anticipated events in the ongoing fight against inflation.

Futures for the Dow Jones Industrial Average shed 33 points, or about 0.1%. Those for the S&P 500 and Nasdaq 100 were each down about 0.2%.

The move in futures comes as investors will be focused on inflation this week. On Tuesday, the November consumer price index will be released, and traders will be looking for a sign that inflation is slowing.

The Federal Reserve has a two-day meeting starting the same day. The central bank is expected to announce another rate hike on Wednesday, though traders are anticipating a smaller move than in recent months.

In addition to the expected rate hike, the Fed’s updated economic projections and Chair Jerome Powell’s press conference could be key signals for what the central bank wants to do in the coming months.

“Financial conditions have eased dramatically since the October CPI reading released last month, so the Fed will likely use the December FOMC meeting to walk those back. …We think the markets are too sanguine on rates after the first quarter and we expect Powell to take a more hawkish tone and for the dots to indicate higher rates for a longer period of time than what is currently being priced in by the futures markets,” said Cliff Hodge, chief investment officer for Cornerstone Wealth.

Wall Street is coming off a rocky week that saw all three major averages lose ground. The Dow fell 2.77% for its worst week since September. The S&P 500 dropped 3.37%, while the Nasdaq Composite shed 3.99%.

Read the full article here

ShareTweetSharePinShareSendShare
https://www.madmoneycasino.com/?faff=667&sub=DemCasino

Related Articles

Economy

Putin congratulates ‘dear friend’ Erdogan as NATO’s Turkey challenge looks set to stay

May 29, 2023
Economy

Nvidia stole the spotlight. Now, it’s all about the debt ceiling

May 29, 2023
Economy

If you use any of these 9 phrases, ‘you’re more emotionally secure than most’

May 29, 2023
Economy

Streaming services remove movies, shows: Here’s why

May 29, 2023
Economy

Ukraine war live updates: Russia bolsters attack on Kyiv; Putin congratulates ‘dear friend’ Erdogan on reelection

May 29, 2023
Economy

Turkey’s lira sinks to near record low as Erdogan is reelected

May 29, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Commoney Wise

Commoney Wise is your one stop news website for the latest finance, business and crypto news, follow us to get the news that matters to your minute by minute.

Our Other Brands Kronosslott, Commoneywise, Demcasino.de, SportsExtremes.tv, Slotgamesusawwr, Coin Desk Times, Kingsofgolf.be

Topics

Business Commodities Crypto Economy Finance Forex Futures Investing Markets News Politics Stocks Tech Videos

Get Informed

The most important world news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact

© 2022 Commoney Wise. All Rights Reserved.

No Result
View All Result
  • News
  • Politics
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Crypto
  • Price Index
    • Stocks
    • Cryptocurrency
    • Commodities
    • Forex
  • Videos

© 2022 Commoney Wise. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.