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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

TheStreet

Markets end lower as investor seem to think the Fed has waited too long to cut rates. And they sold stocks hard in response.

Stock Market Today: Stocks crushed as markets see Fed rate error

Markets Insider

The US housing market added over $3 trillion in value over the last year alone, per a Redfin analysis.

The US housing market is on the verge of hitting a record $50 trillion valuation as prices keep rising

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

LONDON(August 27) The US Dollar (USD) trades mixed on Tuesday’s European session, halting the mild recovery seen on Monday, with only one pattern on the quote board to retain. The US Dollar is up against most major Asian currencies such as the Japanese Yen (JPY) and the Korean Won (KRW). The risk-on mood seems to have returned to markets – with equities in the green across Asia, Europe, and US futures – as safe-haven flows retreat amid easing hostilities in the Middle East.

US Dollar steadies as markets head back into risk-on mood

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 first of three numbers the Social Security Administration (SSA) will use to determine the 2025 cost-of-living adjustment (COLA) is in, and it points to a more modest increase in monthly benefit payments next year. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose by 2.9...

Social Security COLA 2025: How Much Will Payments Increase Next Year?

Louisiana State

Connecticut State

Business Insider

Home prices continue to rebound around the country — especially in these two states.

The 2 hottest states to buy property in right now — and 3 where home price appreciation is being crippled by soaring insurance costs

This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings. Despite a slowdown, demand should pick up and be healthy for several years into the future. This dominant company has done a fantastic job...

1 Stock That Turned $1,000 Into Nearly $30 Million

GOBankingRates

As real estate markets fluctuate, they shift between buyer's and seller's markets. These terms don't necessarily mean that homes are cheaper or more expensive -- they just point out who has an...

8 Cities Where Housing Is Currently a Buyer’s Market

The Motley Fool

Data streaming is becoming a critical technology for a growing number of businesses.

1 Unstoppable Stock Down 79% to Buy Hand Over Fist, According to Wall Street

For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.57% today, up 0.02% over the last week. The average rate for a 15-year fixed mortgage is 5.99%, which is a decrease of -0.01% from the same time last week. For a look at mortgage rate movement, see the chart below.

Good News for Mortgage Rates as Inflation Falls Below 3%. Today’s Mortgage Rates, Aug. 14, 2024

The Associated Press

WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive. Consumers aren’t cutting back enough to cause an economic downturn. Rather, economists say, they appear to be returning to pre-pandemic norms, when most companies felt they couldn’t raise prices very much without losing business.

Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike

Nvidia stock has gained 619% since the advent of AI early last year. The company has become the standard bearer for the AI revolution. Plenty of evidence suggests its epic run will continue, albeit not in a straight line. The AI chipmaker is scheduled to report results later this month....

Should You Buy Nvidia Stock Before August 28? Here's What the Evidence Suggests.

As we progress through 2024, discussions around U.S. economic growth and forecasts are becoming increasingly relevant. With the possibility of a “soft landing” or a mild recession on the horizon, many are keen to understand the current state of the U.S. economy. Several key indicators, including GDP growth rates and consumer spending trends, are being closely watched to gauge the economy’s health as we move into the latter half of 2024 and look ahead to 2025.

How Is the U.S. Economy Performing in 2024?

The market might be down, but these stocks are up.

3 Soaring Stocks I'd Buy Right Now With No Hesitation

Colorado State

The Marijuana Herald

The Marijuana Herald - Marijuana news and information
As the legal marijuana industry continues to grow and mature across the United States, some states are experiencing notably high sales per capita. Using marijuana sales data from January to July 2024, this analysis highlights the top 10 states with the highest legal marijuana sales per person. Data was collected via state regulatory agencies, as … 
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The post The 10 States Leading in Per Capita Marijuana Sales appeared first on The Marijuana Herald.

The 10 States Leading in Per Capita Marijuana Sales

Maryland State

Money

The average car insurance premium is projected to cost nearly $2,500 this year — almost $1,000 higher than in 2021, when prices bottomed out during the pandemic. A new report from Insurify, an insurance marketplace, estimates that the average cost for a full coverage auto insurance policy will rise to $2,469 by the end of 2024. That would be a 22% increase over last year, when premiums averaged $2,019.

Average Car Insurance Prices Expected to Hit $2,500 This Year

Enbridge pays a rock-solid dividend currently yielding 7%. The company has visible growth coming down the pipeline. It offers a low-risk opportunity to earn low-double-digit annualized total returns. Enbridge has everything it needs to continue supplying investors with a steadily rising income stream. Enbridge (ENB 0.96%) is North America's largest...

This 7%-Yielding Dividend Stock Should Be Your First Choice for Income and Upside

Increased land values and rent impact agricultural finances. The U.S. Department of Agriculture (USDA) has released its annual Land Values Report, indicating a notable rise in the value of agricultural lands across the United States. Economist Danny Munch of the American Farm Bureau Federation discusses the implications of these trends...

Surge in US farmland prices set new records

NewsBreak

Gold price holding near record highs as U.S. durable goods orders rise 9.9% in July

NEW YORK (August 26) The gold market continues to trade around record highs as the U.S. manufacturing sector continues to show a muddled picture of the...

Gold price holding near record highs as U.S. durable goods orders rise 9.9% in July

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