Stock Market Today: US Futures up on Hopes for China Zero-COVID Pivot
After public unrest, China said Tuesday it would boost COVID vaccination rates of its elderly citizens, seen as a key step to reopening its economy.
Source: businessinsider.com
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Top News In Arkets Wrap Today - Breaking & Trending Today
Stock Market News Today: Investors Eye Fed Comments for Rate Hike Clues
The big question is whether the Fed will hike rates by 75 or 50 basis points at its upcoming December FOMC meeting.
Source: businessinsider.com
Stock Market News Today: Investors Prepare for Fed Rate Hike Slowdown
The CME FedWatch Tool currently has a 75% chance that the Fed will hike interest rates by 50 basis points at its December FOMC meeting.
Source: businessinsider.com
Stock Market News Today: Retail Sales Data Weighed Against Target Results
The strong retail sales growth in October reinforces expectations that the Fed will hike interest rates again in December by at least 50 basis points.
Source: businessinsider.com
Stock Market News Today: Cool CPI Inflation Report Sparks Fed Pivot Hope
The 10-year US Treasury yield plunged 31 basis points and the US dollar Index fell more than 2%, its weakest day in more than 10 years.
Source: businessinsider.com