Post Tagged with: "S&P 500"
S&P 500, Dow retreat after rally; Nasdaq gains further
Wall Street’s S&P 500 and Dow Jones indexes fell on Tuesday, while the tech-heavy Nasdaq hit a record high for the third straight session, as investors eyed this week’s Federal Reserve meeting for signs on how it views a …
This is the greatest 50-day rally in the history of the S&P 500
The S&P 500 has returned 37.7% over the last 50 trading days, making it the benchmark index’s largest 50-day rally in history, according to LPL Financial.
And if history is any indication, there could be more gains ahead.
Looking …
Halliburton Cuts 8% of North American Jobs in Frack Slowdown
From Bloomberg
Company executing new ‘playbook’ to deal with customer changes, shale producers are trimming spending amid investor pressure
Halliburton Co. is shifting strategy in its largest region to deal with subdued customer spending by trimming 8% of its North …
Wall Street Retreats as Rate Cut Expectations Ease
From Reuters
U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve …
Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook
From Bloomberg
- Median could shift to two increases from three in 2019
- Fed chief says rates ‘just below’ range of neutral estimates
Federal Reserve Chairman Jerome Powell opened the door for a potential pullback in projected interest-rate hikes …
