^IXIC - NASDAQ Composite
| Previous Close | 7,723.95 |
| Open | 7,721.95 |
| Volume | 1,602,362,320 |
| Day's Range | 7,674.04 - 7,779.24 |
| 52 Week Range | 6,190.17 - 8,133.30 |
| Avg. Volume | 3,283,967,000 |
Yahoo Finance•1 hour agoStocks turn positive as Federal Reserve signals no rate hikes in 2019
Stocks rose after the Federal Reserve on Wednesday announced it was holding benchmark interest rates at current levels and signaled no further rate hikes in 2019.
Yahoo Finance•6 hours ago'The ultimate insult': How U.S.-listed Chinese companies are gaming American investors
How minority American shareholders “squeezed out” by U.S.-listed Chinese companies.
Yahoo Finance•22 hours agoHow Fed Chair Powell could make or break the case for a rate cut
Commentary from Chairman Jerome Powell in the March FOMC meeting can make or break the case for rate cuts.
- Barrons.com•21 minutes ago
The Dow Erased Its Losses Because the Federal Reserve Can Still Surprise the Market
The Dow has dropped 12.10 points, or 0.1%, to 25,899.48, the S&P 500 has risen 0.3% to 2840.70, and the Nasdaq Composite has gained 0.6% to 7772.17. The Fed left rates unchanged, while its dot plot signals no rate hikes in 2019. The Fed also said that the mortgage-backed securities on its balance sheet could be reinvested in Treasuries.
- MarketWatch•37 minutes ago
Stocks pivot higher as Fed projects no 2019 rate hikes, trims growth outlook
U.S. stocks trim losses Wednesday in a dramatic comeback after the Federal Reserve kept the key interest rate unchanged as widely expected and signaled no rate hike this year in line with tame inflation and slower economic growth.
- MarketWatch•47 minutes ago
Bank stocks stumble as 10-year yield hits 15-month low following Fed lower-for-longer policy update
Popular gauges of financial institutions on Wall Street traded solidly lower after the Federal Reserve Wednesday downgraded its forecast for U.S. economic growth and indicated that policy makers wouldn't hike rates in 2019. That reaffirmation of its earlier dovishness provides a poor environment for bank's, whose business models perform better in a rising interest-rate environment. The 10-year Treasury note fell to 2.53%, hitting its lowest level since early January of 2018, after the Fed policy update. Meanwhile, the Financial Select Sector SPDR ETF fell 0.6%, while the S&P 500's financial sector was off by 1.2% and the Invesco KBW Bank ETF was 1.8% lower in late-Wednesday action. Although the Federal Open Market Committee held interest rates at a range of 2.25% to 2.50% as expected, it downgraded its economic outlook, dropping its gross domestic product forecast to 2.1% for 2019, from 2.3% before, and said that the winding down of its balance sheet would end in September. Meanwhile, the Dow Jones Industrial Average , the Nasdaq Composite Index and the S&P 500 index all headed modestly higher after the Fed decision.
Reuters•49 minutes agoS&P 500, Nasdaq reverse losses after Fed says no further hikes in 2019
The S&P 500 and the Nasdaq reversed earlier losses, gaining ground after the U.S. Federal Reserve concluded its two-day policy meeting by holding a key interest rate steady and affirming its dovish monetary policy stance. All three major U.S. stock indexes started the session in the red, but the S&P 500 and the Nasdaq turned positive after the release of the policy-making Federal Open Market Committee's statement. The Dow narrowed its losses.
- Reuters•52 minutes ago
US STOCKS-S&P 500, Nasdaq reverse losses after Fed says no further hikes in 2019
The S&P 500 and the Nasdaq reversed earlier losses, gaining ground after the U.S. Federal Reserve concluded its two-day policy meeting by holding a key interest rate steady and affirming its dovish monetary ...
- Investor's Business Daily•54 minutes ago
Stocks Jump After Federal Reserve Sets End Of Balance Sheet Reduction, Sees No 2019 Rate Hikes
Stock indexes were lower Wednesday afternoon as Wall Street watched the clock for the 2 p.m. ET release of the Federal Reserve policymakers' decision on interest rates.
- MarketWatch•1 hour ago
Stocks reverse most losses after Fed predicts no rate hikes in 2019
U.S. stocks rebounded sharply Wednesday afternoon, following the Federal Reserve's announcement that it would leave interest rates unchanged at between 2.25% and 2.5% and the release of projections that indicate the central bank won't raise rates at all this year. The Dow Jones Industrial Average was down 33 points, or 0.1%, the S&P 500 was up roughly 1 point, or 0.1%, while the Nasdaq Composite index rose 23 points, or 0.3%. The U.S. central bank also said it would begin slowing the pace at which it reduces its balance sheet in May, and cease the reduction altogether by September. In a statement accompanying the decision the central bank said that while U.S. economy and job market remain strong, evidence of slowing global growth and muted inflation will allow the Fed to be "patient" as it considers any future changes to interest rate policy.
- MarketWatch•1 hour ago
Dot plot shows just one rate hike in 2019 as Fed signals end of balance-sheet runoff by September
WASHINGTON (MarketWatch) - The Federal Reserve signaled just one more increase in interest rates this year and none in 2020, according to its new 'dot plot,' and the bank said it would end its balance-sheet runoff by September. Before a marked shift in strategy in January, the central bank had previously indicated it would raise rates twice this year and once more in 2020. The Fed cited slower economic growth and persistently low inflation. The bank cut its GDP estimate in 2019 to 2.1% from 2.3%. It also trimmed its PCE inflation forecast to 1.8% from 1.9%, leaving its core PCE estimate at 2%. The Fed still sees its fed funds rate rising to 2.8% in the long run, but not before 2021. The bank also announced plans to start winding down the runoff in its $4 trillion balance sheet in May, finishing by September. It will continue to reduce its holdings of mortgage-backed securities beyond September, reinvesting the proceeds in a broad range of Treasurys. The vote was unanimous.
- MarketWatch•1 hour ago
Stock market keeps rising, so why is nobody cheering?
As the S&P 500, Dow Jones Industrial Average and Nasdaq move higher and technicals strengthen, investors say “meh”.
- MarketWatch•1 hour ago
Bulls and bears are locked in tug of war as bond and stock markets climb in tandem
A battle is being waged on Wall Street between those betting on mounting signs of slowing economic growth here and abroad and those who see U.S. markets positioned to shake off a multitude of anxieties and accelerate higher.
- Market Realist•2 hours ago
The 90’s Called. They Want to Know Why You Are Buying Oracle.
The 90s Called. They Want to Know Why You Are Buying Oracle.Oracle’s shiny 90’s buildings Really? Larry Ellison: yacht racing and a $50 million Japanese-style house. Sweet. But is the stock really a buy now? Sure they bought Netsuite so
- Reuters•2 hours ago
US STOCKS-Wall St drops on FedEx outlook, trade worries; all eyes on Fed
Wall Street's main indexes slipped on Wednesday following a weak profit outlook from economic bellwether FedEx Corp and on trade concerns, while investors waited for more clarity regarding the Federal Reserve's interest rate forecast. In a knee-jerk reaction, stocks hit session lows after President Donald Trump said tariffs could be left on China for a long period of time, but pared some of the losses soon after. Trump also said a trade deal with Beijing was coming along, with U.S. trade negotiators going to China soon.
- MarketWatch•2 hours ago
Trump says he's talking about leaving tariffs on China for 'substantial period of time'
President Donald Trump on Wednesday, ahead of a trip to Ohio, told reporters on the South Lawn that he would leave tariffs on China for a "substantial period of time." "We are not talking about removing them, we are talking about leaving them," he said. "We have to make sure that if we do the deal with China, that China lives by the deal," he said. Trump said the deal "is coming along nicely." There's currently a 10% tariff on an array of Chinese goods.
- Barrons.com•2 hours ago
The Dow Has Dropped 185 Points Because the Federal Reserve Is Not the Only Worry
President Trump said tariffs on Chinese goods might not go away until China complies the terms of the deal.
- Market Realist•4 hours ago
Tesla Stock: Elon Musk and SEC Legal Battle Takes a Toll
Are Elon Musk and Tesla Boosting Q1 Car Orders?TeslaSince 2011, Tesla (TSLA) stock has yielded positive yearly returns in all of the years except in 2016. In 2016, the company unveiled Model 3—its first mass-production electric car. Tesla also
- Reuters•4 hours ago
US STOCKS-FedEx outlook weighs on Wall St ahead of Fed policy decision
U.S. stocks fell on Wednesday after economic bellwether FedEx Corp's downbeat profit outlook raised concerns about global growth, while investors waited for more clarity on the Federal Reserve's interest rate forecasts for the rest of the year. The policy statement will also shed light on long-awaited details regarding the Fed's plans to stop reducing its holdings of Treasury bonds. "With the Fed, investors will be focusing on the growth outlook for 2019.
- Motley Fool•4 hours ago
Stock Market News: Starbucks Heats Up; Twitter Climbs Despite Lawsuits
The overall market gave up ground Wednesday morning.
- Reuters•5 hours ago
US STOCKS-Wall St drops after weak FedEx outlook; Fed on tap
U.S. stocks fell on Wednesday after economic bellwether FedEx issued a downbeat profit outlook and as investors waited for more clarity on the Federal Reserve's interest rate forecasts for the rest of the year. The policy statement will also shed light on long-awaited details regarding the Fed's plans to stop reducing its holdings of Treasury bonds. Hopes of a dovish stance from the Fed hit the rate-sensitive financial stocks, which fell 0.35 percent, while the bank subsector slipped 0.28 percent.
- Barrons.com•5 hours ago
The Dow Is Dropping Because the Market Is Finally Worried About the Fed
“The single most prominent bullish influence on stocks right now is the dovish Fed,” writes one strategist.
- Investor's Business Daily•5 hours ago
Dow Jones Leads Stock Market Lower Ahead Of Fed Policy Decision
The Dow Jones industrials fell about 100 points in early trade Wednesday ahead of the Fed policy decision. Tencent Music Entertainment sold off.
