The following are the pivot points for the SPDR S&P 500 ETF Trust (SPY). Pivot High: $613.21, Pivot Low: $606.47. These were calculated ...
Shares of energy companies fell sharply after the Federal Reserve appeared to pivot to a more hawkish stance. The central bank cut its benchmark Fed funds rate to a range between 4.25% and 4.5%.
Treasury yields decline today yet end the month higher as investors pushed out to June the outlook for Fed interest-rate cuts. U.S. inflation data today met expectations and markets are starting ...
there hasn’t been any progress on inflation since May (black box in the chart below), with the Fed’s favored inflation measures well above its 2% target, confirming the Fed’s pivot this week ...
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