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Investing.com UK /
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2024-05-01 09:10:44
in reply to nevent1q…3m45

Investing.com UK on Nostr: nostr:note1us53crmfqlh3fnsa4s8duzgsqs295v6gru8w3ymm9epd2052v3xs78exaw

Mixed Market Reactions to Fed Meeting, Amazon Results, and Struggling US Consumer
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#22f10e38 ver:0.53

Mixed reactions in US equity markets as Wall Street responds to hawkish Fed talks, disappointing bank earnings, and struggling US consumer. Initial drag from hotter retail sales, but recent Fed talks suggest rate cuts may be considered in 2025. Gold prices surge amid tensions between Iran and Israel. Uncertainty ahead of Federal Reserve meeting [edbbbcbd]. US stocks experience downturn ahead of Fed meeting, with higher Employment Cost Index and slip in consumer confidence. Market expects hawkish message from Powell, but arguments for rate cuts exist. US deficit and funding needs a concern. Fed may take less hawkish stance [2c1db37a]. Fed meeting concludes with cautious, hawkish tone expected. Futures markets see minimal rate cut expectations. Light earnings calendar in Europe, but Mastercard and Qualcomm among US headliners [284556e5]. Fed meeting concludes, Amazon's Q1 results impress. Crude prices fall due to US inventory build. US stock futures lower ahead of earnings and Fed decision. Fed expected to hold interest rate steady [0d5a52d8]. #Fed #equitymarkets #earnings #consumerconfidence #goldprices #ratecuts #inflation #stockmarket #Amazon #crudeprices #USstocks...

#newstr #FederalReserve #Amazon #UsConsumer #MarketMovement

https://here.news/story/22f10e38?ver=0.53
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