Federal Reserve - Spark Newswire

2 minute read

This Day In Market History: Dow Gains 11% In 2008 On Interest Rate Cut Optimism

Today, 7:24 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Oct. 28, 2008, the Dow and S&P 500 each gained roughly 11% on optimism surrounding another potential Federal Reserve interest rate cut.

1 minute read

European Central Bank’s Lagarde Says Recovery In Demand Is Outpacing Constrained Supply

By Benzinga Newsdesk

Today, 7:24 PM

-Dow Jones

SPY

5 minute read

Kimberly-Clark’s Earnings Remind Investors that Inflation and Supply Chain Issues are Still a Major Theme

By JJ Kinahan

Today, 7:24 PM

This week is a big one for earnings, not just because of the big names reporting but because of the large number of earnings announcements. Investors can expect the themes of higher costs and supply chain issues to continue.

ABT

6 minute read

Former President Trump’s Social Media SPAC Bursts Onto the Scene in IPO Debut

By JJ Kinahan

Today, 7:24 PM

The S&P 500 (SPX) created a new all-time high on Thursday but just barely. Despite a seven-day up streak, the move may not be as convincing to some investors, so follow-through on Friday could be important. Fortunately, the S&P 500 futures are pointing slightly higher before the market open.

AAPL

2 minute read

Federal Reserve Enacts New Rules Barring Policymakers From Stock Activity

By Phil Hall

Today, 7:24 PM

The Federal Reserve has unveiled new rules designed to restrict the purchase and trading of individual securities by the central bank’s policymakers and senior officials.

SPY