Dow Falls 630 Points as Fed Delivers First Hike in Three Years, Warsh Strikes Hawkish Tone
Dow tumbles 630 points after Fed's first hike in three years and hawkish Warsh comments; banks and crypto drag, while AI names gain.
Dow tumbles 630 points after Fed's first hike in three years and hawkish Warsh comments; banks and crypto drag, while AI names gain.
Major US indices rebounded Tuesday after holding key supports, but each faces overhead resistance that must be cleared.
HSBC maintains a bullish stance on US and Japan equities, while technical charts for the Nikkei 225 and S&P 500 show consolidation patterns.
HSBC keeps an overweight on global equities, favoring US, Japan and North Asia plus cyclicals, citing resilient earnings. It flags geopolitical conflict as…
US stocks closed lower Monday as the 10-year yield topped 5% and crude oil jumped 4.4%, ahead of the Fed's rate decision.
S&P 500 and Nasdaq slip to test support; traders watch for bounce or breakdown.
The 10-year Treasury yield rose above 5% for the first time in three years, pressuring stocks and raising the opportunity cost for Bitcoin.
Defensive stocks and cybersecurity names rose as investors rotated from AI infrastructure shares amid safety concerns.
Nasdaq Composites holds above its 100-day moving average; Nasdaq 100 breaks below, shifting control to sellers.
US stock futures fell as AI safety remarks from top executives and surging oil prices weighed on tech shares ahead of the Fed decision.
Cramer likens 2026 conditions to the run-up to the 2018 selloff and advises trimming winners and holding cash rather than exiting.
Anthropic CEO's call for slower AI development and OpenAI's IPO delay sent US stock futures down Sunday.
US stocks rallied sharply Friday but major indexes still posted weekly losses after a hot CPI report raised rate hike expectations.
S&P 500 and Nasdaq rebound after testing key support, but face resistance at 100- and 200-hour moving averages.
Dell held earnings gains while Credo's losses worsened, highlighting a split in stock reactions after reporting.