Tag: Derived securities
Here’s one for the battered bulls: The second-largest sector in the S&P 500 is coming to life, says this strategist.
“It’s the first time in a long time that the FOMC has had to make a real decision,” said JonesTrading chief strategist Michael O’Rourke, one of a handful of people urging the Fed to pause. “Remember, this banking crisis is the result of banks not properly preparing for a rate hike cycle. Another increase in […]
Jobs report, bank failure complicates outlook on interest rates
The February employment report does little to detract from the economic outlook for Federal Reserve officials, who are considering how much to raise interest rates at their upcoming meeting. But the bankruptcy of a California bank on Friday prompted investors on Wall Street to place their bets that the central bank would opt for a […]
Why the stock market rally can continue, says Morgan Stanley strategist who only recently warned of a death zone.
Following last week’s rally, investors appear headed for the sidelines on Monday. Aside from a disappointing growth forecast out of China over the weekend driving oil prices higher, we have a sparse but solid lineup for the week with comments from Fed Chair Jerome Powell and a jobs update. Here’s Deutsche Bank, summarizing what’s at […]
Chinese stocks lead gains in global markets as US pauses for Presidents Day
Global markets were mixed on Monday, with US futures struggling to provide direction for holiday trading ahead of another busy series of economic data. Futures linked to the S&P 500 fell 0.1%, as did those linked to the Dow Jones Industrial Average. Contracts tied to the tech-focused Nasdaq-100 added 0.1%. The US stock and government […]