After major rallies, metals were under pressure on Thursday as rising oil prices increased both inflation and growth worries.
Traders now see little chance of an interest rate cut this year following Fed decision
All of the positive economic talk out of this week’s Federal Reserve meeting had a negative impact on investors
Stocks making the biggest moves premarket: Micron, Alibaba, Five Blow, Newmont and more
These are the stocks posting the largest moves in the premarket.
OpenClaw demand in China is driving up the price of used MacBooks
People in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.
Europe’s central banks are no longer in a ‘good place’ as Iran war upends forecasts
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Here are the five key takeaways from this week’s Fed meeting
While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what’s next.
Fed votes to hold rates steady, notes ‘uncertain’ impacts from Iran war
The Federal Reserve on Wednesday released its decision in interest rates.
Fed still expects to cut rates once this year despite spiking oil prices
The central bank’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
Stocks making the biggest moves midday: Williams-Sonoma, Micron, Macy’s, SL Green & more
These are the stocks posting the largest moves midday.