General News
Latest news from around the World.
Bank of Canada Holds Policy Rate Steady, Expects Inflation to Peak in April
The Bank of Canada kept its main interest rate unchanged at 2.25%, and signaled the rate may stay close to that level so long as the economy evolves as forecast.
...keep reeding on wsj.com
Dow slips 90 pts as Fed decision, Big Tech earnings keep markets on edge
Wall Street opened in the red on Wednesday, as investors were cautious ahead of a pivotal Federal Reserve decision and a heavy slate of Big Tech earnings, while keeping a close eye on rising oil prices and geopolitical tensions. The S&P 500 slipped 0.18%, alongside the Dow Jones Industrial Average, which fell 92 points, while the Nasdaq Composite fell by 0.47%.
...keep reeding on invezz.com
Mag 7 Earnings, Fed Meeting & Crude Oil Build on "Monster" Market Day
It's a "monster" day for markets, says Kevin Hincks, pointing to four of the Mag 7 reporting earnings after the closing bell. Not only that, but the Fed's interest rate decision has potential to move markets pending on what Jerome Powell says in his expected final press conference.
...keep reeding on youtube.com
A Bear Market Is Due: I'm Buying This Industry Anyway
I lean toward the view that we are indeed in an AI bubble. The pop is nowhere in sight.
...keep reeding on seekingalpha.com
Rosen: Earnings Keep Stock Market, Mag 7 in "Pretty Good Shape"
Michael Rosen sees markets in "pretty good shape" right now. Even though higher energy prices hit American checkbooks, he points to rising corporate profits and resilient consumers as key anchors keeping Wall Street tied to the growth story.
...keep reeding on youtube.com
Retiring Boomers Are Starting to Weigh on the U.S. Economy
An Implan analysis estimates that retirements among older workers are creating a $4.18 billion drag on annual U.S. GDP growth.
...keep reeding on barrons.com
U.S. Housing Starts Rose in March
Housing starts, a gauge of new residential construction, rose 10.8% in March to 1.502 million.
...keep reeding on wsj.com
Prepare For A Pullback Because Q2 Is Going To Be Ugly
The stock market rally faces headwinds from surging oil prices and disappointing AI sector momentum, notably impacting Oracle and CoreWeave. Upcoming earnings from Alphabet, Microsoft, Amazon, Meta, and Apple are pivotal, as these firms represent a quarter of S&P 500 value.
...keep reeding on seekingalpha.com
March Durable-Goods Orders Beat Forecasts
Orders for durable goods grew in March, the Commerce Department said, breaking a streak of three straight months of declines.
...keep reeding on wsj.com
The next recession could actually be a win for stocks — if you can tune out the market noise
Corporate profit margins and P/E multiples — not GDP forecasts — are the real tools to surviving a bear market.
...keep reeding on marketwatch.com
David Rubenstein: Fed Chair Powell has brought transparency to the Fed
David Rubenstein, The Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss the Fed's two-day policy meeting, what to expect from Fed Chair Powell today, his thoughts on Powell's tenure leading the Federal Reserve, and more.
...keep reeding on youtube.com
A Tape-First Read: The Market Is Re-Cohering Into A New Regime Cluster
Markets don't just move, they organize. And right now, the tape is telling me a new organizing principle is snapping back into place.
...keep reeding on seekingalpha.com
Chart Of The Day: Expanding Margins Help Fuel S&P Run
The MoneyShow Chart of the Day shows the blended net profit margin for companies in the S&P 500 Index (SPX) that have reported first-quarter results already. It's currently at 13.4%.
...keep reeding on seekingalpha.com
UAE oil stocks collapse to the lowest level on record
Oil inventories at the key United Arab Emirates storage hub in Fujairah have extended their sharp decline, falling 6.3% week-on-week to 6.982 million barrels.
...keep reeding on finbold.com
Why this Soros alum is betting on copper and cables over AI chips
Renaud Saleur is looking past politics to bank on megatrends like electrification, natural resources and AI bricks and mortars.
...keep reeding on marketwatch.com
Is Credit Now Impervious To The Middle East Conflict?
Credit has fully reversed the widening triggered by the Middle East conflict, despite ongoing uncertainty. In a more severe scenario, we could see more weakness and a larger dispersion between sectors.
...keep reeding on seekingalpha.com
Market's Wild Wednesday Is Make or Break for the AI Boom
United Arab Emirates quits OPEC, Dimon warns a “bond crisis” looms, Starbucks sees earnings growth, and more news to start your day.
...keep reeding on barrons.com
Stock Markets Face Biggest Test in Years. The Fed, Tech Earnings, and Oil Are Colliding.
Wall Street's busiest slate in memory starts today. There's a lot at stake.
...keep reeding on barrons.com
Sberbank cuts Russia's 2026 GDP growth forecast after tough first quarter
Sberbank cut its gross domestic product growth forecast for Russia to 0.5% to 1% from between 1% and 1.5% on Wednesday after a poor first-quarter economic performance.
...keep reeding on reuters.com