The Federal Reserve is expected to keep its key interest rate unchanged this week, despite Donald Trump's calls for cuts.
AMD ( AMD -6.62%) stock is getting hit with sell-offs in Monday's trading. The semiconductor company's share price was down 7% as of 3:45 p.m. ET amid the backdrop of a 1.8% decline for the S&P 500 ( ^GSPC -1.63%) and a 3.5% decline for the Nasdaq Composite ( ^IXIC -3.32%).
The S&P 500 was down 1.6% in morning trading. Big Tech stocks took some of the heaviest losses, with Nvidia down 11.2%, and they dragged the Nasdaq composite down 2.7%. The Dow Jones Industrial Average, which has less of an emphasis on tech, was holding up better with a dip of 123 points, or 0.3%, as of 9:50 a.m. Eastern time.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.
The Federal Reserve's first policy meeting of 2025 this week may throw a wrench into the stock-market rally just as investors worry President Donald Trump's policies could complicate the central bank's effort to tame the last bout of inflation, delaying interest-rate cuts and becoming a hurdle to the market's bull run.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
As a result, the Fed will be "super orthodox and choose inflation over employment," if push comes to shove, Papasavvas predicted. Dan Ivascyn, chief investment officer at bond gia
The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate cuts last year, the Fed is widely expected to hold interest rate steady thi
CNBC’s Jim Cramer highlighted what he’s paying attention to next week as Wall Street launches into earnings season.
Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting.
Bond futures markets aren’t pricing a significant chance of a first cut happening until at least June, according to the CME FedWatch Tool, but it could come earlier. Morningstar chief US economist Preston Caldwell expects the Fed to skip a rate cut at its January meeting, then cut at every other meeting beginning in March.
In other words, Wall Street just might be one of the few institutions in America capable of constraining Trump, who has bent the Republican Party to his will, pushed the Democratic Party aside and exerted influence on the bureaucracy, the judiciary, corporations, the news media and other power bases.