Tag: stocks

Global Stocks Gain, Dollar Drops Ahead of Fed Rate Decision

LONDON/SINGAPORE—Global stocks eked out small gains and the dollar slipped on Wednesday on hopes that central banks will stop raising interest rates in early 2023 following the latest U.S. data that showed a slowdown in inflation. Yet nervousness about the next moves by policymakers kept gains in check ahead of a Federal Reserve meeting later…


Investing: Custom-Made Indexes for Cost-Conscious Index Investors

By Robert Frick From Kiplinger’s Personal Finance A growing number of investment firms now offer Main Street investors a strategy called “personalized” or “direct” indexing that typically requires buying and trading stocks directly, mimicking an index. Investment firms and advisers have long offered this strategy to the wealthy for an annual fee that often exceeds…


Wall Street Closes Higher After Inflation Cooled in November

NEW YORK—Stocks on Wall Street finished higher Tuesday after a report showed inflation cooled more than expected last month, cementing expectations that the Federal Reserve is about to dial down the size of its interest rate hikes. The encouraging inflation data raised hopes for easing pressure on the economy ahead of an interest rate policy…


US Stock Market Soars After Inflation Data Cooler Than Expected

The U.S. stock market jumped on Tuesday as the Consumer Price Index (CPI) data came in lower than expected, boosting investor expectations that inflation might ease down in the near future. The 12-month CPI for November came in at 7.1 percent, down from 7.7 percent in October. It was the fifth straight monthly decline after…


Stocks Open Sharply Higher as Inflation Cools in November

Stocks are opening sharply higher on Wall Street after the government reported that inflation slowed dramatically last month. The S&P 500 jumped 2.5 percent in the early going Tuesday and the tech-heavy Nasdaq composite rose 3.3 percent. Treasury yields also fell sharply following the report showing that consumer prices rose 7.1 percent in November from…


Dollar Steadies in Calm Before CPI and Central Bank Storm

London—The dollar steadied on Tuesday ahead of the release of U.S. inflation data and the final Federal Reserve meeting of the year, with investors waiting to update interest rate outlooks. A month ago, a small surprise to the downside unleashed a wave of bond buying and dollar selling on the expectation that inflation had peaked….


Oil Climbs on Supply Disruptions, Easing COVID-19 Restrictions in China

LONDON—Oil extended gains on Tuesday on supply disruptions and as COVID-19 restrictions eased in China, the world’s largest crude importer. Brent crude futures were up 64 cents, or 0.82 percent, to $78.63 per barrel by 1159 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 39 cents, or 0.53 percent, to $73.56. WTI hit…


Shares, Dollar Hold Steady Ahead of Key Inflation Data

LONDON—Global stocks held steady on Tuesday, while the dollar eased modestly ahead of U.S. inflation data that could persuade the Federal Reserve and other central banks to step back from aggressive interest rate hikes. Headline consumer price pressures for November in the world’s largest economy are expected to have fallen for a fifth successive month,…



The 2023 Investing Outlook as the Fed Pivots—Part II

Commentary In Part 1, I suggested a weaker dollar may not lead to the bullish outcomes many investors expect in 2023. I will build on that thesis here in Part II, and bonds will win in the first half of 2023 and stocks in the second half. The big question heading into 2023 is the dreaded…