S&P 500 Rising on Hopes of Fed Mulling Slowdown in Rate Hikes

By Yasin Ebrahim Investing.com — The S&P 500 jumped Friday, as hopes that the Federal Reserve could slow the pace of rate hikes offset mixed quarterly results. The rose 2%, the gained 2% or 641 points, and the was up 1.84%. Growth sectors of the market rebounded following a slump a day earlier as eased … Read more

U.S. Stocks Fall as Fears of Economic Slowdown Return

By Liz Moyer Investing.com — U.S. stocks fell at the opening amid recurring fears about aggressive actions by central banks to curb inflation. At 9:47 ET (13:47 GMT), the was down 313 points, or 1%, while the was down 1.4% and the was down 1.8%. After rebounding on Wednesday, stocks were again pressured by investors … Read more

Global economy in its steepest slowdown since 1970: World Bank

Washington, Sep 17 (IANS) Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has warned, media reports said. Central banks have raised rates “with a degree of synchronicity not seen over the past five decades” to tackle soaring prices, World Bank said, BBC reported. Raising … Read more

U.S. Stocks Fall as FedEx Warning Stokes Global Slowdown Fears

By Liz Moyer Investing.com — U.S. stocks fell on Friday as investors brace for next week’s Federal Reserve decision on interest rates. At 9:45 ET (13:45 GMT), the was down 334 points, or 1.1%, while the was down 1.3% and the fell 1.6%. Stocks were falling as FedEx Corporation (NYSE:) shares dropped 23% in early … Read more

Street Positive as Investor Day Showed ‘Litle Signs of a Slowdown’ By Investing.com

© Reuters. By Senad Karaahmetovic Workday (NASDAQ:) held its Analyst Day yesterday where it discussed its financial projections and unveiled new initiatives. The company reaffirmed its FY26 target of $10 billion in revenue and a 25% operating margin. Management noted it sees multiple growth levels that will help drive 20% subscription revenue growth. Here’s what … Read more