Stocks Muted Ahead of Fed as Central Bank-packed Week Begins

Investors are anticipating the Federal Reserve's monetary-policy decision on Wednesday, with futures for the Dow Jones, S&P 500, and Nasdaq all showing slight gains. However, concerns about potential interest rate hikes have caused the stock market to lose some of its earlier progress.

Articles published about this story
More stories
  • investiment.io
    investiment.io icon

    Iran launched a large-scale attack on Israel, prompting concerns about potential disruptions to global oil supply. Oil prices initially fell in Asia, but experts warn that any escalation of tensions could lead to significant price spikes, with predictions of oil surpassing $140 per barrel in the event of a U.S.-Iran conflict.

    Read
  • investiment.io
    investiment.io icon

    Charles Schwab Corporation reported strong first quarter 2024 net revenues of $4.7 billion, marking a 6% increase from the previous quarter. Despite a decline in net income, the company's performance exceeded expectations, driven by growth in its asset management business and improving macroeconomic conditions. The stock saw a modest gain in premarket trading, indicating positive investor sentiment and potential for further growth.

    Read
  • investiment.io
    investiment.io icon

    In March, U.S. retail sales surged by 0.7%, exceeding expectations and indicating a strong boost from consumer spending in the first quarter despite ongoing inflation and high interest rates.

    Read
  • investiment.io
    investiment.io icon

    Goldman Sachs shows promising signs of a turnaround as CEO David Solomon navigates challenges. Its first-quarter profit surged 28%, driven by strong performance in debt underwriting and investment banking, exceeding expectations with over $14 billion in revenue. Investor optimism pushed the stock price up by 3.6% in premarket trading.

    Read
  • investiment.io
    investiment.io icon

    Salesforce is in advanced talks to acquire Informatica for approximately $11 billion, potentially impacting Salesforce's stock with increased volatility and potential buying opportunities. The management's emphasis on profitable growth and capital returns, including the introduction of quarterly dividends, signals a strong focus on enhancing shareholder value.

    Read
  • Tesla plans to cut over 10% of its workforce, as reported in various sources, in response to a challenging EV market. This news may impact Tesla's stock as investors assess the implications for the company's future performance.

    Read
  • investiment.io
    investiment.io icon

    Apple's iPhone shipments declined by about 10% in Q1 2024, losing market share to Android competitors, particularly in China. This drop in shipments affected Apple's position in the global smartphone market, with Samsung reclaiming the top spot.

    Read
  • Tesla has reduced the price of its Full Self-Driving (FSD) software subscription from $199 to $99 per month. This move aims to increase sales of the advanced driver assistance system and has caused a slight increase in Tesla's stock price.

    Read
  • Zoetis Inc. experienced a sharp decline in its stock price following a report by The Wall Street Journal indicating potential harm to pets from its arthritis shots, Librela and Solensia, raising concerns among investors and prompting an investigation into possible violations of federal securities laws.

    Read
  • Gold prices surged to $2,400 amid Middle East tensions, solidifying its position as a safe-haven asset. Investors closely monitor geopolitical factors and U.S. interest rate expectations as gold hits new record highs.

    Read