Joe Rennison
Posts
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest...
Warren Buffett’s Berkshire Hathaway Hits $1 Trillion in Market Value
The conglomerate joined a small club of companies that have crossed the mark.
Why Global Investors Are Watching What Japan Does Next
Officials at Japan’s central bank are considering when to raise interest rates, as their counterparts in the United States plan to cut them, which could...
Stock Market Rotation Leads to Small Cap Rally
Shifting views on the economy have led to a “rotation” in the stock market. Small stocks and companies geared toward the economic cycle are rising....
S&P and Stocks So Far This Year: Turbulence Behind Gains
The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil
Markets Poised to Take a Jobs Slowdown in Stride
Stocks have recently set records as investors bet that the Federal Reserve might opt to cut interest rates sooner than previously expected.
BlackRock and Citadel Securities Back Start-Up Texas Stock Exchange
The Texas Stock Exchange, based in Dallas, has the backing of BlackRock and Citadel Securities. But challengers to the dominant New York markets have gained...
S&P 500 Pushes Past Previous Record After Inflation Report
Investors seized on the latest inflation report as another sign that interest rates could be cut his year, helping push the S&P 500 past its...
The Stock Market Is Back in Rally Mode
Investors seized on the latest inflation report Wednesday showing a slight moderation in consumer prices, pushing the S&P 500 past its March record.
‘It’s Clearly Bleak’: Stocks Set for Longest Losing Streak in Months
A rally at the start of the year has given way to worries about economics and geopolitics on Wall Street.