Wall Street's main indexes finished a choppy session higher, as investors wait to see how aggressively the Federal Reserve will hike interest rates at this week's policy meeting
rebounded from logging their worst weekly percentage drop since June on Friday, as markets fully priced in at least a 75 basis point rise in rates at the end of Fed's Sept. 20-21 policy meeting, with Fed funds futures showing a 15% chance of a whopping 100 bps increase.Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.46%.
"This is all about what's going to happen on Wednesday, and what comes out of the Fed's hands on Wednesday, so I think people are just going to wait and see until then," said Josh Markman, partner at Bel Air Investment Advisors. "We had a poor print when the CPI came in, so the Fed - who is behind the 8-ball - is now trying to get ahead of the curve and curb inflation, and that is driving equity markets."
Reflecting the caution for new bets ahead of the Fed meeting, just 9.58 million shares traded on U.S. exchanges on Monday, the sixth lightest day for trading volume this year. Focus will also be on new economic projections, due to be published alongside the Fed's policy statement at 2 p.m. ET on Wednesday.A trader stands beneath a screen on the trading floor displaying the Dow Jones Industrial Average at the New York Stock Exchange in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew KellyWorries of Fed tightening have dragged the S&P 500 down 18.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Stock Market News, Sept. 19, 2022: Dow Finishes Up About 200 PointsThe 10-year Treasury yield closed at its highest level in a decade ahead of this week's Fed meeting, while two-year yields ended at a 15-year high
続きを読む »
Here are Monday's biggest analyst calls: Apple, Amazon, Adobe, Peloton, Bed Bath & Beyond and moreAnalyst call of the day for CNBCPro subscribers: Bank of America reiterates Amazon as buy and notes that the company is poised to gain share. Subscribe to see the analyst calls of the day curated by CNBC Pro.
続きを読む »
Wall Street slips on aggressive rate hike worriesWall Street's main indexes slipped for the third straight day on Monday led by declines in healthcare and energy stocks as investors worried that another massive interest rate hike by the Federal Reserve could tip the U.S. economy into a recession.
続きを読む »
Asian markets slip lower following last week's broad decline on Wall StreetAsian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve.
続きを読む »
Wall Street investors fear economic nightmare, stock market crash, inflationInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
続きを読む »
US stocks rise ahead of expected interest rate hike by FedA choppy day of trading on Wall Street ended with stocks closing higher Monday as investors brace for another big interest rate increase this week from the Federal Reserve.
続きを読む »