Bulletin
Investor Alert

New York Markets After Hours

Topics

Federal Reserve System

11:02 a.m. Jan. 15, 2021 - By Ciara Linnane
Global deaths from COVID-19 top 2 million as U.S. suffers most weekly fatalities since start of the pandemic Weekly deaths exceed CDC’s estimate for flu-related deaths for entire 2019-2020 season The global case tally for the coronavirus-borne illness COVID-19 climbed above 93 million on Friday and the death toll climbed above 2 million, with the U.S. leading all nations by cases and fatalities.
12:04 p.m. Dec. 16, 2020 - By Mark DeCambre
Nasdaq ends at record, S&P 500 narrowly misses closing high as Fed emphasizes 0% interest rates through 2023 U.S. stocks finished at or near records on Wednesday, though the Dow closed nearly flat, as the Federal Reserve did little to indicate a change of the regime of ultralow interest rates amid the pandemic. The Fed said it was optimistic on the current recovery but emphasized that the outlook for the economy will hinge on how the U.S. deals with the worst viral outbreak in more than a century. Federal-funds rates were held at a range between 0% and 0.25%, as expected, as Washington tries to hammer out an agreement on another round of financial aid to combat the economic harm from the coronavirus. The central bank increased its GDP forecast but didn't adjust its $120 billion asset purchases, as had been expected by some Fed watchers. "Together these measures will ensure that monetary policy will continue to deliver powerful support for the economy until the recovery is complete," Fed Chairman Jerome Powell said at a news conference after Wednesday's statement was released. "A big yawn," is how Michael Arone, chief investment strategist at State Street Global Advisors, described the policy update to MarketWatch, immediately after the release. The Dow Jones Industrial Average closed down by about 44 points, or 0.2%, at around 30,155; the S&P 500 index rose 0.2% to 3,701, just shy of its Dec. 8 closing record at 3,702.25' while the Nasdaq Composite Index booked a 0.5% rise to a record close at about 12,658. In economic reports, a retail sales report showed that the economy may be slowing as coronavirus cases surge. U.S. retail sales dropped a seasonally adjusted 1.1% in November from the prior month. The data and Fed update come as congressional lawmakers were hammering out a roughly $900 billion deal that was expected to include another round of direct payments to households, The Wall Street Journal reported. In corporate news, Shares of Facebook Inc. were in focus after it launched a PR assault against Apple Inc. claiming the iPhone maker's upcoming mobile operating system update will hurt small businesses. Bond yields also edged higher, with the 10-year Treasury note yielding 0.92%.
11:09 a.m. Oct. 7, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 211,000 as doctors caution that Trump is entering a key phase in his diagnosis White House adviser Stephen Miller is latest to test positive for coronavirusThe U.S. death toll from the coronavirus illness COVID-19 edged above 211,000 on Wednesday, as doctors and medical experts said President Donald Trump is entering a key phase in the illness which can take a turn for the worse seven to 10 days into the onset of symptoms.
8:01 a.m. Sept. 14, 2020 - By Michael Ashbaugh
Charting another bullish reversal: S&P 500, Nasdaq rally from key support Focus: Japan’s stealth breakout attempt, Amazon narrowly holds key support, EWJ, AMZN, VFC, CROX, TMU.S. stocks are firmly higher early Monday, rising amid renewed vaccine optimism as well as merger and acquisition activity. Against this backdrop, the S&P 500 and Nasdaq Composite are concurrently rising from major support closely matching the 50-day moving average. The tandem successful retests preserve a bullish intermediate-term bias.
8:13 a.m. Aug. 28, 2020 - By Michael Ashbaugh
Bullish momentum persists: S&P 500, Nasdaq sustain key technical breakouts Focus: 10-year yield tags two-month high, Airlines clear key trendline, TNX, JETS, COUP, MDT, TNDMU.S. stocks are higher early Friday, rising after a solid batch of economic data and as markets continue to digest recently dovish Federal Reserve policy remarks. Against this backdrop, the big three U.S. benchmarks are vying to build on already-consequential week-to-date technical breakouts.
8:25 a.m. Aug. 27, 2020 - By Michael Ashbaugh
Charting the S&P 500’s persistently wild 2020 ride Focus: Technology sector scores massive single-day spike, Salesforce.com (+26%), Facebook (+8%), Netflix (+12%), Adobe (+9%) — in one dayU.S. stocks are higher early Thursday, rising amid market-friendly Federal Reserve policy language. In the process, the S&P 500 and Nasdaq Composite have extended decisive breaks to record territory — clearing the 20-day volatility bands — while the Dow industrials have concurrently spiked to six-month highs.
8:04 a.m. Aug. 19, 2020 - By Michael Ashbaugh
Nasdaq breaks to uncharted territory, S&P 500 (narrowly) nudges a record high Focus: Small- and mid-cap benchmarks assert holding pattern as August rotation persistsU.S. stocks are higher early Wednesday, rising after a mixed batch of earnings reports, and ahead of the Federal Reserve’s meeting minutes, due out this afternoon. Against this backdrop, the Nasdaq Composite has extended a respectable break to record territory, while the S&P 500 has scratched out nominal record highs across consecutive sessions.
12:54 p.m. Aug. 18, 2020 - By Joy Wiltermuth
S&P 500, Nasdaq score record closes, reclaim their perch at all-time highs Dow closes lower, but 6% off record highMajor U.S. stock indexes finished Tuesday mostly in record territory, despite ongoing wrangling in Congress over a further coronavirus aid and concerns about how the economy will fare when an unprecedented raft of fiscal stimulus eventually burns off.
8:10 a.m. July 29, 2020 - By Michael Ashbaugh
Bull trend pauses: S&P 500 traverses the range Focus: Mid-year currency cross currents persist, UUP, FXE, FXY, PG, TGT, UALU.S. stocks are higher early Wednesday, rising ahead of the Federal Reserve’s latest policy statement, due out this afternoon. Against this backdrop, the S&P 500 remains range-bound, for now, though its intermediate-term path of least resistance continues to point higher.
2:05 a.m. July 24, 2020 - By Ciara Linnane
Coronavirus update: Global COVID-19 cases top 15 million, U.S. cases pass 4 million, and California has more cases than New York Tesla surprises investors with an adjusted profit even after it was beset by pandemic-related stoppages at California plantThe number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 15 million on Thursday and the U.S. case tally passed 4 million, as California’s case tally rose above early U.S. hot spot New York following a surge in new infections in recent weeks.
5:35 a.m. July 16, 2020 - By Barbara Kollmeyer
Stick to Apple and Microsoft, at least for now, says this fund manager Critical information for the U.S. trading dayOur call of the day zeros on three big tech stocks that a Boston Private fund manager says are still delivering the goods for investors.
12:35 p.m. July 7, 2020 - By Joy Wiltermuth
Dow ends nearly 400 points lower, U.S. stocks swoon, on doubts of quick economic recovery Trump starts process for U.S. to quit World Health OrganizationU.S. stocks on Tuesday tumbled in the final hour of trade, ending a 5-day win streak for the S&P 500, as investors grew more wary of the economic, public-health and policy response to the coronavirus pandemic.
4:50 a.m. June 26, 2020 - By Greg Robb
Central banks need to re-think rules on risk-taking at hedge funds, insurance companies and even corporations, IMF’s market division chief says Central banks did the right thing in being aggressive, fast and large, but there are consequences for risk takingEmergency actions by central banks to shore up the financial system in the face of the coronavirus pandemic earlier this year were appropriate, but regulators will need to re-think the rules about risk-taking for hedge funds and insurance companies, often called non-banks that operate in the “shadow banking system”, the top financial regulator at the International Monetary Fund says.
12:32 a.m. June 26, 2020 - By Barbara Kollmeyer
European stocks rise, but gains tempered by U.S. coronavirus concerns Lufthansa, H&M, Tesco and Wirecard on the moveEuropean stocks rose on Friday, brushing aside gloomy news on a record rise in coronavirus cases in the U.S., with gains for German business software group SAP SE and losses for Swedish retailer Hennes & Mauritz AB.
12:35 p.m. June 25, 2020 - By Mark DeCambre
Dow logs a 300-point gain as banks rally ahead of stress-test results, but rise in coronavirus cases remains a worry Investors weight slight improvement in economic data and loosening of financial regulation against rising daily rate of coronavirus cases U.S. stocks closed solidly higher Thursday, recovering a chunk of Wednesday’s ugly loss, ahead of a key update of the banking sector from the Federal Reserve.
5:03 a.m. June 24, 2020 - By Mohamed A. El-Erian
U.S. political squabbling could doom the world to lower growth, wider inequality and dangerously distorted markets, says Mohamed El-Erian The world still looks to the U.S. to lead on the economy, but America is in no shape to driveThe most likely outcome is lower growth, worsening inequality, distorted markets, and rising financial risks. But this outcome is not preordained, says Mohamed El-Erian.
6:10 a.m. May 26, 2020 - By Barbara Kollmeyer
BlackRock portfolio manager says stock investors should watch out for these blind spots right now Critical information for the U.S. trading dayStocks are looking up for Tuesday, as investors get back to work after the Memorial Day weekend. Our call of the day says there is plenty that investors don’t understand right now, which could trip them up in future.
12:40 p.m. May 15, 2020 - By Mark DeCambre
'Asset prices remain vulnerable to significant price declines should the pandemic take an unexpected course,' says FedThe markets are vulnerable to a pullback, said the Federal Reserve in the central bank's most recent account of the health of the financial markets in the aftermath of coronavirus. "Asset prices have been volatile across many markets," the central bank wrote in its on the financial sector published at 4 p.m. Eastern Time on May 15. "Since their lows in late March and early April, risky asset prices have risen and spreads have narrowed in key markets, the Fed wrote. "Asset prices remain vulnerable to significant price declines should the pandemic take an unexpected course, the economic fallout prove more adverse, or financial system strains reemerge," policy makers explained. Fed Chairman Jerome Powell said earlier this week that a lengthy downturn could turn liquidity problems into solvency issues. The Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index have all surged by more than 20% since hitting a bear-market low on March 23, with a number of high-profile investors warning that valuations may have gotten lofty amid the worst viral outbreak in more than a century. The COVID-19 pandemic has killed nearly 300,000 people globally and infected more than 4 million people, according to data compiled by Johns Hopkins University. The Fed was forced to unleash a series of unprecedented actions to limit the economic damage from forced shutdowns and closures intended to curtail the spread of the deadly pathogen. Those lockdowns, however, have likely pushed the domestic economy into one of its worst recessions since the Great Depression, with some 36.5 million people out of work over the past two months. "Uncertainty remains high and markets remain volatile relative to historical norms, suggesting the possibility of further price declines should developments prove more adverse than expected," .
2:40 a.m. May 15, 2020 - By Ciara Linnane
Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis Cisco says the pandemic is worse than the dot-com bust of 2000 and the 2008 crisis; Uber-Grubhub deal talks push aheadThe global death toll from the coronavirus that causes COVID-19 edged closer to 300,000 on Thursday, as a new poll found the majority of Americans disapprove of President Donald Trump’s handling of the pandemic.
5:34 a.m. May 12, 2020 - By Mark DeCambre
Dow opens up more than 100 points as consumer prices sink by the most since the 2008 financial crisisU.S. stocks opened headed higher early Tuesday as investors watched the latest development on the pandemic and the responses of state and federal agencies to limit the economic impact from the deadly disease. The Dow Jones Industrial Average was up 150 points, or 0.6%, at 24,371, the S&P 500 index rose 0.5% at 2,945, while the Nasdaq Composite Index advanced 0.6% at 9,245. The moves for the major benchmarks come as consumer prices sank 0.8% in April, led by tumbling gasoline prices, marking the biggest decline since the 2008 Great Recession. The pace of inflation over the past 12 months slowed to 0.3% from 1.5% in March and 2.5% at the start of 2020. Meanwhile, The Federal Reserve Bank of New York is set to begin buying corporate-bond, exchange-traded funds Tuesday, marking a historic expansion of the central bank's efforts to support the economy and financial system during the most significant financial crisis in nearly a century sparked by the COVID-19 pandemic.
10:52 a.m. May 11, 2020 - By Arvind Subramanian
The coronavirus is accelerating America’s decline The federal government’s response to the pandemic exposes incompetence and decay. The consequences will play out over years to come.The federal government’s response to the pandemic exposes incompetence and decay. The consequences will play out over years to come.
Browse topics:

Filter results by

Location

Us (117)

Asia Pacific (31)

Europe (23)

China (21)

Eu (21)

Japan (8)

Issue

General (51)

Economy (45)

Commodities (34)

Markets/exchanges (33)

Opinion (28)

Bond Market (26)

Link to MarketWatch's Slice.