Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely – CCN

Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell’s use of “patient” on Friday was…

Continue Reading →

S&P 500 and Stock Markets Worldwide Close Out Worst Year Since 2008 – CCN

Stock markets worldwide, including Dow Jones, Nasdaq and the S&P 500, have posted disappointing yearly returns, with many indexes being compared to their performance during the financial crisis. The S&P 500 is down 6.2% for 2018, while the DOW Jones Industrial Average is down 5.6% for 2018. These numbers, compared to the financial crisis, where…

Continue Reading →

The stock market’s epic fourth-quarter reversal is one for the history books – CNBC

Matt Cardy | Getty Images News | Getty Images Contestants in the men’s race chase a Double Gloucester Cheese down the steep gradient of Cooper’s Hill during the annual tradition of cheese-rolling in Brockworth, Gloucestershire, England. This volatile market year was full of historical milestones and the end of the year will be no different…

Continue Reading →

Markets Right Now: Another steep drop pulls Dow down 500 – The Associated Press

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month. Longtime market favorites like Microsoft and Amazon took heavy losses Monday. Health care companies also fell sharply.…

Continue Reading →