Macro Economic Events - Spark Newswire

3 minute read

Nasdaq, S&P 500 Futures Point To Cautious Start On Wednesday As Year-End Rally Proves To Be Non-Starter

Today, 2:50 PM

Trading in index futures suggests stocks may open Wednesday’s session modestly higher. The lack of any major trading cues, save a couple of housing market readings, makes it difficult to predict the trading direction.

BBY

3 minute read

Santa Comes To Wall Street? US Stocks Poised To Open Higher In 2022’s Final Trading Week

By Shanthi Rexaline

Today, 2:50 PM

The index futures point to a moderately higher opening on Tuesday, as traders return to their desks after an extended holiday weekend in observance of Christmas. In the absence of any major trading cues, a couple of house price readings could guide sentiment. Trading volume could be light, lending less credibility to any potential move.

BABA

3 minute read

US Stocks Look To Close Volatile Week On A High — Fed’s Preferred Inflation Gauge, New Home Sales Data, Tesla, AMC In Spotlight

By Shanthi Rexaline

Today, 2:50 PM

Stocks could be in for a higher opening on Friday, as indicated by the trading in the index futures. Key economic data will have a bearing on the day’s market direction, although conviction in the potential move could be less due to the thin trading volume that is characteristic of pre-holiday trade.

AMC

2 minute read

Will 2023 Be A Good Year For The Global Economy? Investors And CEOs Disagree On Outlook

By Natan Ponieman

Today, 2:50 PM

A new survey is showing that CEOs and investors have widely divergent views on the future of the global economy.

SPY

3 minute read

$1,000 Invested In Beaten-Down Tesla Stock Now Will Be Worth This Much If It Returns To All-Time Highs

By Shanthi Rexaline

Today, 2:50 PM

Tesla Inc. (NASDAQ: TSLA) stock has lost much of its sheen and is trading at an extremely cheap valuation.

BYDDF

2 minute read

Cracks In The Foundation? Home Sales Tumble As Refinancing Soars

By AJ Fabino

Today, 2:50 PM

With mortgage rates falling for the fifth consecutive week, newer homeowners who locked in higher rates are looking for ways to reduce their monthly mortgage costs — and they’re doing so by refinancing in flock-like numbers.

VNQ

1 minute read

Elon Musk Reacts To Analysis Of Fed’s Response Time In Tackling Inflation: ‘Wow, Worse Than ’99…’

By Bhavik Nair

Today, 2:50 PM

The Federal Reserve under Jerome Powell has attracted widespread criticism for first being late in responding to a rise in inflation and then for its tackling it with almost unprecedented aggression in t

BND

2 minute read

Hints Of Santa Rally As S&P 500, Nasdaq Futures Begin Week On Buoyant Note: Tesla, Moderna Stocks In Focus

By Shanthi Rexaline

Today, 2:50 PM

The index futures are pointing to a moderately higher opening on Monday, as traders strive to shake off the negativity engendered by worries concerning the economy, inflation and interest rates.

BABA

2 minute read

Larry Summers Thinks Economic Forecasts Are Like Airports: ‘They Say It’s Leaving At 7:30. Then They Say…’

By Bhavik Nair

Today, 2:50 PM

Former Treasury Secretary Lawrence H.

BND

2 minute read

Cramer Says Don’t Expect Fed To Go Easy On Economy Because Markets Are Suffering: ‘Powell Won’t Be Shedding Any Tears’

By Bhavik Nair

Today, 2:50 PM

Prominent market commentator Jim Cramer has said just because the market is suffering, investors should not expect the Federal Reserve to go easy on the economy and that even though Jerom

BND