Investors reversed previous losses on Friday, with some major technology companies relying on earnings and other volatility over the weekend.
S&P 500, Dow and Nasdaq. Despite the iPhone maker’s quarterly sales and supply chain challenges, Apple (AAPL) has outperformed its stock market and led the way. Meanwhile, Robinwood HOOD shares have risen overnight after a quarterly earnings, a quarterly decline in interest rates and a disappointing direction.
Fresh economic data also focused on Friday. Recent inflation data has seen another sharp rise in several decades, with the Consumer Price Index (PCE) index rising 5.8% year-on-year in December or the biggest jump since 1982, with the exception of Core PCE. Flexible food and energy prices rose 4.9% year-on-year, the biggest jump since 1983.
The S&P 500 was on the verge of posting a weekly loss of 1.3% based on Thursday closing prices. New quarterly reports for the GDP in the fourth quarter, as well as a new report on the improvement of weekly unemployment claims, did little to change stocks on Thursday. Dow and Nasdaq each fell last week, and traders are increasingly volatile considering the implications of the Federal Reserve’s more faltering monetary policy for markets.
Scott Crowe, chief investment strategist at Center Square Investment Management, said: He spoke live on Yahoo Finance on Thursday. “They used to call inflation ‘transient’, but now they are keeping a close eye on inflation. And I think that when that pretty dramatic change began to take place, it would have caused a lot of food insecurity in the market.”
Federal Reserve Chairman Jerome Paul strongly indicated earlier this week that interest rates are higher than the current zero. However, other questions remain – how fast and how fast the federation will raise interest rates, and by lowering the $ 9 trillion balance and strengthening financial conditions.
“At this point, we think everything the federation is doing is worthwhile over the last few weeks,” Morgan Stanley’s managing director Kathy Intestell told Yaho Financial Live on Thursday. What’s going on? “
“We are looking at companies and their revenues … to determine if there will be a slight delay in the market,” she added. “And that depends on what you can do in the future, where their chances are. And we’ve heard a lot about inflation. If you think about 7% inflation, this is very important.”
“It was the retail investor who held the market high in the fall,” Intuisil said. “And now their moods have changed and they are not optimistic about where we are now. So I think we have to think about all this. The quality, again, we think it works. It’s better to grow.”
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10 45 45 am ET ፡ Category: ‘We are still talking about four price increases for 2022’
In a new note, Bank of America economists expect the federation to raise interest rates seven times this year by 25 points, representing one of the most dramatic forecasts for the central bank’s path so far.
According to DailyFX.com senior strategist Christopher Vecchio, this may not be the end of the federation’s approach. Once again, the falcon forecast highlights how aggressive many market participants are now expecting the federation.
“I think some investors will take this as a sign that the storm has changed dramatically, given the expectations of federal policy,” Vecio said when asked about the US Bank’s view on interest rates. The market itself, when you look at different measures – if you look at the future of the euro, if you look at the future of the Fed – we are still talking about four price increases in 2022. “
“So the main thing is that there is no connection between what some banks are saying, and banks are talking about it in part because the increase in the net interest rate is good for the bottom line,” he said. “There is a breakdown in the relationship between what the banks predict and what the market itself predicts.”
“Historically, the market for predicting the future of the federation has been very dirty,” Vecio said. “Always very cruel or very cunning – it is impossible to rush into a real interest rate hike in that Goldlocks zone.
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10 03 03 03 03 03 03 ፡ ፡ ፡ ፡ ስሜት ስሜት ስሜት ጀምሮ ከ ከ ከ ጀምሮ ጀምሮ ጀምሮ ጀምሮ ጀምሮ ጀምሮ ፡ ፡ ፡ ፡ ፡ ፡ ፡
A recent consumer sentiment index slumped in late January, falling to its lowest level in a decade, showing consumers’ concerns about inflation, ongoing epidemics and emerging geopolitical concerns.
The University of Michigan’s January Consumer Price Index dropped to 67.2, down from a previous estimate of 68.8. This represents the lowest reading since November 2011. Subtitles for both consumers’ forecasts for the future and a review of current economic conditions are broken down during the month.
“Consumer economic policies have been at an all-time low since 2014, and major geopolitical risks could increase the risk of conflict with other countries,” wrote Richard Curtin, chief economist at the Michigan Consumer Survey. Press release.
“Although their main concern is rising inflation and falling prices, consumers may misinterpret the measures taken to slow down the economy as part of the problem, not as part of the solution,” he added. “Consumers may overreact to these minor touches, especially given the certainty of coronavirus and other high-risk geopolitical hazards.
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9 ፡ 30 30 ET ET ፡ ፡ ፡ ፡ ፡ ፡ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ በኋላ ገቢ ተዋል ተዋል ገቢ ገቢ ገቢ ገቢ ገቢ
After the bell rings on Friday morning, this is where the stock trades.
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S&P 500^ GSPC): + 10.47 (+ 0.24%) to 4,336.98
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Down (JI DJI): + 20.60 (+ 0.06%) to 34,181.38
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Nasdaq (^ IXIC): +57.26 (+ 0.43%) to 13,411.39
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Dump (CL = f): + $ 1.69 (+ 1.95%) to $ 88.30 barrel
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Gold (GC = F): – $ 11.60 (-0.65%) to $ 1,783.40 per ounce
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10-year treasury (^ TNX)+1.7 bps for 1.827%
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8 ፡ 37 37 37 ET ET ፡ የግል የግል የግል የግል የግል የግል የግል የግል የግል የግል የግል የግል የግል የሚያሳ የሚያሳ የሚያሳ የሚያሳ በታ በታ በታ በታ በታ በታ በታ
US personal income grew at a slower pace in December, with government aid programs declining during the epidemic, with the lowest profit since September.
According to Bloomberg Consensus data, personal income grew by 0.3% month-on-month, the Bureau of Economic Analysis said Friday, missing estimates for an increase of 0.5%. Revenue increased by 0.5% in November.
Personal expenses decreased by 0.6% per month, corresponding to contract estimates. This is the first decline since February 2021, followed by a 0.4% increase in November.
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8 ፡ 30 30 ET ET ፡ የግል Private consumption expenditures jumped 5.8 percent in December, the fastest growth since 1982.
Key inflation rose in December for more than four decades, highlighting the high level of inflation in the economy.
The Consumer Expenditure Performance Index (PCE) index rose 5.8 percent in December compared to the same month last year, the Bureau of Economic Analysis said Friday. This is an increase of 5.7% over the previous year. to get. The final issue of 2021 meets the consensus estimates based on Bloomberg data. Month-to-month, PCE rose 0.4% in December, matching estimates and declining by 0.6% in November.
Excluding food and energy prices, however, the core PCE has grown slightly from expectations, with 4.9% year-on-year growth of 4.8 percent, according to consensus economists. This is in line with a 4.7 percent increase in PCE in November. Core PCE serves as the Federal Reserve’s preferred inflation indicator.
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7 ፡ 16 16 16 16 16 ET ET Friday’s stock futures market joins, Apple captures overnight profits
This is the place where stocks traded on Friday morning before the opening bell.
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S&P 500 Future (ES = F): -14 points (-0.32%), to 4,303.75
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The future (YM = f): -144.00 points (-0.42%), to 33,899.00
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The future of Nasdaq (NQ = f) :: +5.75 points (+ 0.04%) to 13,992.50
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Dump (CL = f): + $ 0.72 (+ 0.83%) to $ 87.33 barrels
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Gold (GC = F): – $ 8.30 (-0.46%) to $ 1,786.70 per ounce
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10-year treasury (^ TNX)+3.8 bps for 1.846%
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6 ፡ 15 15 15 15 pm ET Thursday’s stock futures jump after Apple Revenue
That evening the business began.
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S&P 500 Future (ES = F): + 30 points (+ 0.69%), to 4,347.75
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The future (YM = f): + 169 points (+ 0.5%), to 34,212.00
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The future of Nasdaq (NQ = f) :: +169 points (+ 1.21%) to 14,155.75
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Emily McCormick is a Yahoo Finance reporter. Follow her on Twitter.
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