U.S. stocks were mostly flat after another day of declines for the major averages, until the Nasdaq rallied to snap a four-day losing streak.
Stocks making the biggest moves after hours: Intel, Micron, Wynn Resorts and more
These are the stocks posting the largest moves in after hours trading.
Oil Q1 2022 Fundamental Forecast: Crude to Avoid Bear Market as Supply Constraints Persist
The price of oil may face a bear market in the first quarter of 2022 as it falls nearly 20% from the 2021 high ($85.41).
Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Gold, CPI, Powell Hearing
The Dow Jones suffered much less than the Nasdaq 100 this past week as hawkish Federal Reserve bets dragged down the tech sector. The US Dollar is on the rise again with Treasury yields, leaving go…
Fed’s Bostic: If things continue the way they are, March would be reasonable to start hiking rates
Sees at least three rate hikes this yearMarch is a reasonable date to start rate hike, balance sheet runoff should begin „soon after“There is a risk inflation is likely to be elevated for extended period of timeFed needs to respond directly, clearly, and aggressivelyA fast balance sheet runoff would
US December NFIB small business optimism index 98.9 vs 98.4 prior
Prior 98.4That’s a modest increase in small business sentiment last month despite growing concerns on inflation and worker shortages. The survey also showed that the share of owners raising average selling prices fell slightly from 59% to 57% in December. So, that is perhaps a signal that businesses
Bundesbank’s Nagel: Inflation surge not entirely due to temporary factors
Inflation outlook extraordinarily uncertain
Risks are skewed toward higher inflation than now expected
Risks are skewed toward higher inflation than now expected
That is some reassurance that he will be keeping the German tradition alive on policy shop talk. It will be interesting to see how his view challenges the rest of the policymakers at the
Equities extend gains on the session
European equities are pulling higher with gains sitting around 1% across the board. This comes as US futures are also nudging higher with S&P 500 futures now up 0.4%, Nasdaq futures up 0.6%, and Dow futures up 0.3%. As noted earlier:“The risk mood will be a key driver of trading sentiment today foll
ECB’s Lagarde: We take concern on rising prices very seriously
We understand that rising prices are a concern for many peopleAnd we take that concern very seriouslyPeople can trust that our commitment to price stability is unwaveringThat is critical to firmly anchor inflation expectations and vital for confidence in the euro currencyHer full speech can be found