Tuesday, 30 July 2019

Wait, so, why is the Fed cutting rates, exactly?

The economy is strong. Unemployment is historically low. Consumer confidence is high. So why, exactly, is the Federal Reserve expected to cut rates Wednesday?
CNN Business: Markets Now
 
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News: What you need to know about the markets
 
 
Wait, so, why is the Fed cutting rates, exactly?
The economy is strong. Unemployment is historically low. Consumer confidence is high. So why, exactly, is the Federal Reserve expected to cut rates Wednesday? Read more »
 
Stock buybacks are reaching dangerous levels
The US-China trade war might be having a chilling effect on business investment, but it's not derailing the splurge in share buybacks. Read more »
 
Under Armour is struggling against Nike and Adidas in the United States
Under Armour stock fell sharply Tuesday as competition grows over sneakers and athletic clothing in the United States. Read more »
 
Pound hits a fresh two-year low as Brexit fears spook investors
The pound hit its lowest level in more than two years Tuesday as investor anxiety about the prospect of a messy Brexit continues to grow. Read more »
 
Dow falls ahead of Fed decision
The Dow is set to open lower on Tuesday, as investors are getting jittery ahead of the Federal Reserve's interest rate decision. Read more »
 
Huawei sales soar 23% despite US restrictions on its business
Huawei is still growing despite a continued US campaign aimed at crimping its global reach. Read more »
 
 
 
 
Dow Nasdaq S&P
-23.33   -19.72   -7.79
27,198.02   8,273.61   3,013.18
-0.09%   -0.24%   -0.26%
YTD +16.59%   YTD +24.69%   YTD +20.20%
 
Biggest Winners
National Oilwell Varco Inc +11.32%
 
Martin Marietta Materials Inc +9.98%
 
Westinghouse Air Brake Technologies Corp +9.45%
 
Incyte Corp +6.44%
Biggest Losers
Gartner Inc -19.02%
 
Under Armour Inc -13.69%
 
Under Armour Inc -12.24%
 
HCA Healthcare Inc -9.14%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $58.36 +0.31 / +0.53%
Gold $1,431.60 +1.90 / +0.13%
10-yr 2.06% +0.01
Euro $1.12 +0.00 / +0.11%
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