financial news today

financial news today
17 min read

1. The Latest Financial News

The Latest Financial News The financial world is constantly changing and evolving. Keeping up with the latest financial news is essential for anyone who wants to stay ahead of the curve. Here are some of the latest financial news today stories that you should know about.

The U.S. stock market is on the rebound. After a rocky start to the year, the Dow Jones Industrial Average is up nearly 5% since February. The S&P 500 is also up 3% since then. Investors are optimistic about the future of the economy and are betting that the stock market will continue to rise.

The Federal Reserve is keeping interest rates low. In March, the Fed voted to keep interest rates unchanged. This is good news for borrowers, as it means that loans will remain relatively cheap. However, it's bad news for savers, as low interest rates mean that savings accounts will continue to earn very little interest.

The job market is improving. The latest jobs report showed that the economy added 215,000 jobs in March. This is the strongest jobs report in seven months. The unemployment rate remained unchanged at 5%. The job market is slowly improving, but there is still a long way to go.

The housing market is showing signs of life. After years of decline, home prices are finally starting to rise. In March, the S&P/Case-Shiller home price index rose 0.9%. This is the biggest monthly increase in nearly three years. The housing market is still far from healthy, but it is showing signs of life.

The economy is still growing, but at a slower pace. The latest GDP report showed that the economy grew at a rate of 2.2% in the fourth quarter of 2015. This is down from the previous quarter's growth rate of 3.1%. The economy is still growing, but the pace of growth is slowing down.

These are just a few of the latest financial news stories that you should know about. Keeping up with the latest news is essential for anyone who wants to stay informed about the world of finance.

2. What's Moving the Markets Today

What's moving the markets today? Here are a few of the key drivers:

  1. The U.S. Dollar: The dollar has been on a tear lately, hitting a 14-year high against a basket of currencies. The strong dollar is a headwind for U.S. stocks, as it makes American goods more expensive overseas. It's also weighing on commodities, which are priced in dollars.
  2. Interest Rates: U.S. Treasury yields are at their highest levels in nearly a year, as investors bet on higher interest rates in the months ahead. Rising rates can hurt stocks by making bonds more attractive.
  3. Geopolitical Tensions: Tensions are running high in the Middle East, as Saudi Arabia and Iran clash over the Saudi execution of a prominent Shiite cleric. This could lead to more volatility in oil prices, which have already been under pressure due to oversupply concerns.
  4. Economic Data: There's a light economic calendar today, but tomorrow's key jobs report will be closely watched for clues about the health of the U.S. economy.

3. The Top Financial Stories of the Day

The top three financial stories of the day are:

  1. The U.S. stock market is on track for its worst December since the Great Depression.
  2. The U.S. government is shutdown over President Trump's demands for funding for a border wall.
  3. The European Union is preparing for a possible "no-deal" Brexit.
  4. The U.S. stock market is on track for its worst December since the Great Depression.

The Dow Jones Industrial Average fell more than 650 points on Monday, December 3, 2018, extending its losses for the month. If the Dow falls another 1,000 points before the end of the month, it will be the worst December for the stock market since 1931.

The stock market has been volatile in recent weeks as investors worry about a potential recession in 2019. The Federal Reserve has raised interest rates three times this year, and is expected to raise rates again in December. Higher interest rates make borrowing more expensive, which can slow economic growth.

  1. The U.S. government is shutdown over President Trump's demands for funding for a border wall.

The U.S. government shutdown began on December 22, 2018, after President Trump and Congressional Democrats failed to reach an agreement on funding for a border wall. Trump has demanded $5 billion for the wall, but Democrats have refused to provide more than $1.3 billion for border security.

The shutdown has affected about 25% of the federal government, including the Departments of Homeland Security, Justice, Agriculture, and Interior. National parks and museums are closed, and 800,000 federal workers are either working without pay or are on furlough.

  1. The European Union is preparing for a possible "no-deal" Brexit.

The United Kingdom is scheduled to leave the European Union on March 29, 2019. However, negotiations between the UK and EU have been stalled over the issue of the Irish border.

If the UK and EU cannot reach an agreement, the UK will leave the EU without a deal. This would be a "no-deal" Brexit.

The European Union has been preparing for a

4. The Day's Biggest Movers in the Financial Markets

The stock market had a mixed day, with the Dow Jones Industrial Average falling and the Nasdaq Composite and S&P 500 rising. The Dow was down as much as 350 points earlier in the day but managed to pare some of its losses. The Nasdaq Composite, meanwhile, was up as much as 1.3% and the S&P 500 was up as much as 0.7%.

The biggest movers in the stock market today were:

  1. Goldman Sachs (GS): Goldman Sachs was down 3.4% after the bank announced that it was setting aside $5 billion to cover potential losses from the coronavirus. Goldman is the latest bank to take a hit from the virus, and its shares are now down nearly 30% from their 52-week highs.
  2. Apple (AAPL): Apple was down 2.8% after the company announced that it would be closing all of its stores outside of China until the end of February. This is a major blow to Apple, which was already facing challenges from the coronavirus.
  3. Boeing (BA): Boeing was down 2.5% after the company announced that it would be suspending production of its 737 MAX jets. This is the second production suspension for Boeing, and it comes as the company continues to face challenges with the MAX jets.
  4. Ford (F): Ford was down 2.3% after the company announced that it would be suspending production at its plants in China. This is a major blow to Ford, which is already facing challenges in the Chinese market.
  5. General Motors (GM): GM was down 2.1% after the company announced that it would be suspending production at its plants in China. This is a major blow to GM, which is already facing challenges in the Chinese market.

5. The Latest on the Debt Crisis

The European debt crisis is a multi-year debt crisis that has been affecting the countries of the European Union since the end of 2009. The underlying causes of the debt crisis vary by country, but the end result is the same - too much debt and not enough economic growth to sustain it.

The debt crisis began in Greece, where the government had been spending beyond its means for years and had accumulated a large amount of debt. When the global financial crisis hit in 2008, Greece was hit hard, as its economy contracted and its debt became more difficult to service. In 2010, Greece was forced to seek a bailout from the European Union and the International Monetary Fund, and it has been working to implement austerity measures ever since.

The debt crisis then spread to other countries, including Portugal, Ireland, Italy, and Spain. These countries also had large amounts of debt and their economies also shrank during the global financial crisis. As a result, they have also been forced to implement austerity measures and seek financial assistance from the European Union and the IMF.

The debt crisis has caused a lot of economic hardship in the countries affected by it. Unemployment has risen sharply, as has poverty. The debt crisis has also led to political instability in some countries, as evidenced by the recent protests in Greece.

The European Union and the IMF have been working to try to resolve the debt crisis. They have provided financial assistance to the countries affected by it and have also implemented some reforms, such as the creation of a single banking supervisor for the Eurozone. However, the debt crisis is still ongoing and it remains to be seen whether the measures taken by the EU and the IMF will be enough to resolve it.

6. The Latest Economic Data

The latest economic data can be found in the news section of the website. This data can be used to help you make investment decisions. The data is updated regularly, so you can always stay up-to-date on the latest news.

7. The Fed's Latest Move

The Feds latest move was to increase interest rates by 0.25%. This is the first time rates have been increased in nearly a decade, and the move is being seen as a positive sign for the economy.

The interest rate increase will affect consumers in a few different ways. For one, it will make borrowing money more expensive. This includes things like auto loans and credit card debt. So, if you have any plans to borrow money in the near future, you may want to do so sooner rather than later.

The interest rate increase will also affect savings accounts. While the rates on savings accounts will not increase immediately, they are likely to do so in the near future. This means that if you have money in a savings account, you may see your interest earnings increase.

The interest rate increase is good news for savers and bad news for borrowers. It remains to be seen how the economy will respond in the long run, but for now, the Feds latest move is a positive sign.

8. The Latest from Wall Street

The Dow Jones Industrial Average (DJIA) is an index that tracks the 30 largest companies listed on the New York Stock Exchange (NYSE). The index is price-weighted, meaning that the share price of each company affects the index’s overall value. The DJIA is one of the oldest and most widely-followed indexes in the world, and is often used as a barometer for the health of the U.S. stock market and economy.

The DJIA had a strong start to the week, rising over 200 points on Monday as investors reacted to a number of positive developments. First, the U.S. and China appear to be making progress on trade talks, with both sides reportedly agreeing to a currency pact. Second, the U.S. Senate passed a stopgap spending bill to avoid a government shutdown. And finally, major U.S. banks passed the Federal Reserve’s stress tests, clearing the way for them to increase dividends and share buybacks.

The stock market’s positive momentum continued on Tuesday, with the DJIA rising another 100 points. This was due in part to a rally in tech stocks, as investors bet that the sector will continue to outperform in the second half of the year. In addition, a number of companies released strong earnings reports, including Coca-Cola, United Technologies, and Verizon.

On Wednesday, the DJIA dipped slightly, but still remained near its all-time highs. Investors appeared to be taking a breather after a three-day rally, and were also keeping an eye on the Fed’s policy meeting, which began later in the day. The central bank is widely expected to raise interest rates for the second time this year.

The Fed did indeed raise rates on Wednesday, as expected, and also signaled that it expects to raise rates two more times in 2018. This news sent shockwaves through the stock market, and the DJIA tumbled over 400 points. This was the biggest one-day drop for the index since February, and was led by a sell-off in bank stocks.

The stock market regained its footing on Thursday, with the DJIA rising over 100 points

9. The Day's Top Business Stories

The 9 top business stories today are:

  1. The Dow Jones Industrial Average (DJIA) rose to a new all-time high, closing at 26,743.50, up 0.64% for the day. The S&P 500 and Nasdaq Composite both also closed at new all-time highs.
  2. The U.S. Department of Labor released its weekly jobless claims report, which showed that initial claims fell by 4,000 to a seasonally adjusted 234,000 last week.
  3. General Electric (GE) announced that it will sell its aircraft leasing business to AerCap Holdings (AER) for $30 billion.
  4. The U.S. Treasury Department announced that it will sell $26 billion in three-year notes on Thursday.
  5. The Trump administration announced that it will impose tariffs on imported solar panels and washing machines.
  6. Apple (AAPL) announced that it will invest $350 billion in the U.S. economy over the next five years.
  7. Amazon.com (AMZN) announced that it will create 100,000 full-time jobs in the U.S. over the next 18 months.
  8. Walmart (WMT) announced that it will raise its starting hourly wage to $11 and offer bonuses of up to $1,000 to employees.
  9. Starbucks (SBUX) announced that it will close all of its U.S. stores for one day to conduct racial-bias training for its employees.

10. The Day's Most Important Financial Stories

The past year has been a roller coaster ride for the stock market and the economy in general. Amidst all the uncertainty, there have been a few bright spots. Here are the 10 most important financial stories of the past year.

  1. The Fed lowers interest rates

In an effort to keep the economy from slowing down, the Federal Reserve lowered interest rates three times in 2019. This made borrowing cheaper and helped to stimulate economic activity.

  1. The stock market rebound

After a volatile start to the year, the stock market rebounded in the second half of 2019. This was driven by strong corporate earnings and optimism about a possible trade deal between the US and China.

  1. US-China trade tensions ease

After months of tit-for-tat tariffs, the US and China finally reached a partial trade deal in December. This caused a relief rally in the stock market and gave a boost to the global economy.

  1. Bitcoin hits new highs

Bitcoin, the best-known cryptocurrency, surged to new highs in 2019. This was driven by growing interest from institutional investors and the possibility of a wider adoption of blockchain technology.

  1. The housing market slows

After years of strong growth, the US housing market slowed down in 2019. This was due to higher mortgage rates and concerns about the overall economy.

  1. Economic growth slows

After a strong start to the year, economic growth slowed in the second half of 2019. This was due to trade tensions and weaker consumer spending.

  1. Inflation remains low

Despite a strong economy, inflation remained low in 2019. This allowed the Fed to keep interest rates low and helped to support economic growth.

  1. The yield curve inverts

In late 2019, the yield curve inverted, with short-term rates rising above long-term rates. This is often seen as a sign of a coming recession.

  1. The US-Mexico-Canada trade deal is reached

After over a year of negotiations, the US, Mexico, and Canada finally reached a new trade deal. This replaced the old North American Free Trade Agreement and was seen as a positive

 

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