Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more
Tag: Chemicals
U.S. stock futures fly high on cooler-than-expected inflation report
U.S. stock futures started soaring Tuesday on the heels of a closely watched inflation report that turned out to be cooler than expected, bolstering the theory that peak inflation is Read more
Dow on verge of a ‘golden cross,’ even as BlackRock predicts historic recession
Despite worries about inflation and an impending recession, there is at least one sign that some bullish market technical analysts might latch onto. An upbeat golden cross appears to be Read more
U.S. stocks open modestly lower, on pace for fifth day of losses as economic growth worries linger
U.S. stock indexes opened lower on Wednesday morning, struggling to recover ground after a four-day losing streak amid worries about the chances of an economic downturn in coming months. How Read more
The bear market rally is running out of stream, and it is time to take profits, says Morgan Stanley’s Wilson
The stock market’s bounce off the October lows is running out of room, and it is time to take profits, according to Morgan Stanley’s Michael Wilson. The chief equity strategist Read more
Senate passes bill to prevent rail strike, rejects measure providing paid sick leave
The U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing a deal on freight-rail workers, after rejecting a separate House-passed Read more
Dow down by more than 450 points as Fed officials point to more rate hikes, China protests rattle markets
U.S. stocks tumbled on Monday as protests in China raised the risks to global growth and Federal Reserve policy makers said more interest-rate increases are needed to control inflation. How Read more
U.S. stock futures fall as Chinese protests rattle markets, oil hits 2022 low
U.S. stock-index futures sank Sunday night, as Asian markets fell following widespread public demonstrations in China and as oil prices hit a 2022 low. Dow Jones Industrial Average futures YM00, Read more
Fed eyes slower rate hikes as recession threat grows
Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to rise Read more
Philadelphia Fed’s manufacturing gauge sinks further in November
The numbers: The Philadelphia Federal Reserve said Thursday that its gauge of regional business activity sank to negative 19.4 in November from negative 8.7 in the prior month. Any reading Read more