24/7 Wall St.

The Federal Reserve was unlikely to cut rates next week, but Wall Street anticipates a September reduction. Investors are largely expecting an easing cycle to begin, with more interest rate cuts from the Fed materializing in 2024 and 2025. Stocks recently surged on this anticipation, as investors price in what this will mean for stocks […]
The post Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar appeared first on 24/7 Wall St..

Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

The Motley Fool

The tech-centric index is taking a break from its relentless run, but some stocks in the Nasdaq have much further to climb, according to Wall Street.

2 Nasdaq Stocks to Buy Before They Soar as Much as 226% According to Select Wall Street Analysts

The stock market’s benchmark index, the S&P 500, has erased $1.2 trillion of its market capitalization since its daily high in just four hours after falling “in a literal straight line lower.”. That’s according to the economics outlet Kobeissi Letter, which noted on the microblogging platform X (formerly...

Market Bloodbath: S&P 500 Crashes $1.2 Trillion in Hours as Recession Fears Soar

The Associated Press

Japanese stocks led the gains in World markets Friday after Wall Street rallied to one of its best days of the year as data showed the U.S. economy is holding up better than expected, with particular credit going to the country’s shoppers. European markets were mostly higher. Germany’s DAX...

Global markets higher with Japan stocks surge over 3% after US retail data boosts Wall Street

Florida State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

CBS New York

Fear, long absent in financial markets as investors bet on a "soft landing" for the U.S. economy, is back in the air on Wall Street.Stocks tumbled Friday after new government data showed a steep decline in hiring in July, spurring concerns that economic activity is slowing faster than economists expected. Two hours into the session, the blue-chip Dow Jones Industrial Average was down 984 points, or 2.4%, to 39,415. The broader S&P 500 sank 2.5%, while the tech-heavy Nasdaq Composite lost nearly 3%, fueled by disappointing quarterly earnings from bellwethers such as Amazon and Intel. Market analyst Adam Crisafulli of Vital Knowledge...

Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring

Kentucky State

Northern Kentucky Tribune

Major changes to how real estate transactions are conducted are set to take affect this month that will effect how both sellers, and buyers, compensate their agents. On March 15, the National Association of Realtors (NAR) settled a lawsuit brought by home sellers regarding how broker commissions were handled. As a result of that settlement, the NAR will remove agent compensation amounts from Multiple Listing Services, provide detailed compensation information to buyers and sellers and attain a written agreement outlining that compensation structure.

Broker commissions on real estate transactions will look a lot different starting August 17

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

The US national debt is closing in on $35 trillion, triggering a warning to investors from analysts at JPMorgan Chase. According to new data from the Treasury, the total outstanding public debt amounts to $34.99 trillion – or $34,997,540,505,103 to be exact – as of July 25th. That’s...

JPMorgan Chase Issues Warning To Investors As US National Debt Hits $34,997,540,505,103

New York Post

Investor and strategist David Roche expects the economy to enter a bear market in 2025, he said on Monday.

The market will be driven down by rate cuts that will disappoint, a slowing economy and an AI bubble, he said during a CNBC interview. 

Roche predicted the Fed won’t reduce rates to the market’s desired 3.50%.

The Fed’s median forecast for 2025 is 4.1%, according to the CME FedWatch Tool. 



Nearly all market participants expected rates below 4.1% by September 2025, the data said.

The veteran investor said “the second thing is that profits [won’t] fulfill expectations, because the economy is going to...

Wall Street investor sees bear market in 2025 with economic slowdown and AI bubble

Las Vegas, NV

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

The Vanguard Group, the second-largest issuer of exchange-traded funds (ETFs), plans to sit out the cryptocurrency ETF gold rush, according to Salim Ramji, Vanguard's CEO. “We will not be launching crypto ETFs,” Ramji said in an Aug. 14 interview with ETF.com. With almost $2.7 trillion in assets under management...

New Vanguard CEO: "We will not be launching crypto ETFs."

The United States Federal Bureau of Investigation (FBI) has reportedly responded to a Freedom of Information Act (FOIA) request from a journalist implying that Bitcoin creator Satoshi Nakamoto was a “third party individual” for whom it could neither confirm nor deny it had records. According to an Aug....

FBI will ‘neither confirm nor deny’ the existence of Satoshi records

TheStreet

Small businesses aren't buying Wall Street's outlook for the U.S. economy.

Main Street businesses push back on Wall Street's recession gloom

The billionaire investor sets his sites on new investments as he eases away from the AI titan.

Stanley Druckenmiller predicted Nvidia’s rally; now he has new targets

Georgia State

Arizona State

Palm Springs Tribune

In an effort to target traditional Republican voters who are not part of the MAGA movement, the Harris campaign has announced the “Republicans For Harris” movement. The group has secured key endorsements from some high ranking republicans with a notable array of former Trump White House officials, including Stephanie Grisham and Olivia Troye. The group also includes former Secretaries Chuck Hagel and Ray LaHood, as well as former Governors Jim Edgar, Bill Weld, and Christine Todd Whitman. Additionally, it boasts support from former U.S. House members such as Rod Chandler, Tom Coleman, Dave Emery, Wayne Gilchrest, Jim Greenwood, Adam Kinzinger, John LeBoutillier, Susan Molinari, Jack Quinn, Denver Riggleman, Claudine Schneider, Christopher Shays, Peter Smith, Alan Steelman, David Trott, and Joe Walsh. Former GOP State Chair and State Senator Chris Vance is also among the endorsers, along with many others.

Republicans For Harris Group Launches While Trump Insults Key Georgia Republican

Reuters

SEOUL (Reuters) - South Korea's mom-and-pop investors are defying last week's global financial markets rout by pouring even more funds into U.S. stocks, a years-long trend that analysts and investors bet will continue due to the depressed value proposition at home.

Shunning home markets, South Korean retailers pile-up on US stocks

NewsBreak

Bitcoin falls under $60K as investors' global economic slowdown concerns rise

Bitcoin (BTC) price experienced a 5% gain between Aug. 13 and Aug. 14, reaching $61,791, before quickly reversing the entire move, falling to $58,914 in under...

Bitcoin falls under $60K as investors' global economic slowdown concerns rise

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