Equities, PMs, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next FOMC meeting.
The day prior, on Friday, Jan. 20, equity markets closed the day in the green. The top four benchmark stocks ended the day between 1% and 2.66% higher against the U.S. dollar. The Nasdaq Composite was the highest, rising 2.66%, the S&P 500 rose by 1.89%, the Russell 2000 index jumped 1.69% higher, and the Dow increased by 1% on Friday. U.S. equities have posted their second consecutive week of gains so far this year. The small-cap stock market index RUT has risen 7.
what the Fed will do at the FOMC meeting. Some believe an aggressive tightening schedule will continue, while others expect the Fed to ease up and pivot with a ‘soft landing.’that current leaders do not expect a recession. “The steps have been taken and it looks like we’re in a very good position to have that soft landing that everyone’s talking about,” Boushey insisted.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trim Pickings: 2023 Nissan Rogue vs. 2023 Toyota RAV4The base models of the Nissan Rogue S and Toyota RAV4 LE are priced within $255 of each other, making for very close competition. Both of these models are well equipped with feature highlights that include LED headlights, tinted rear windows, cloth upholstery, satellite radio, and Apple CarPlay and Android Auto compatibility. On the safety front, both SUVs include a forward collision warning with automatic emergency braking system and automatic high-beam headlights.
Read more »
Belarus edges towards war as Putin eyes late 2023 joint campaign—ISWRussian Defense Minister Sergei Shoigu and his Belarusian counterpart Viktor Khrenin have discussed 'unspecified bilateral military cooperation.'
Read more »
Fed's Williams says Fed needs more rate rises to cool inflationFederal Reserve Bank of New York President John Williams said on Thursday the U.S. central bank has more rate hikes ahead and sees signs inflationary pressures might be starting to cool off from torrid levels.
Read more »
Fantasy Football: Three players we're excited to draft in 2023At some point every fantasy football season, we all wish we could have drafted a particular player. Even if our team is winning, there's a bit of FOMO that comes in when you don't have that superstar player or surprise waiver wire pick on your roster.
Read more »
2023 Munich motor show confirmed with urban mobility focus | AutocarIAA Mobility 2023 runs from 5-10 September, with debuts from BMW, Ford, Mercedes and VW
Read more »
2023 Kia EV6 GT PVOTY Review: The F-Word EVSo the EV6 GT is fast enough, but how does it get around the track? In a word: slideways.
Read more »