Markets

U.S. fiscal policy is undermining the Fed’s efforts to fight inflation

Inflation remains the top issue on investors’ minds, with many trying to determine when the relentless rise in prices will stop and whether the Federal Reserve’s aggressive interest rate hikes to try to halt the spiral will engineer a so-called soft-landing for the economy — or, instead, send us into a deep recession. Indeed, your …

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Buy these ‘free cash flow favorites’ as the S&P 500 prepares to test June lows

As investors prepare for equities to possibly retest their lows of the year, Evercore ISI has lowered its target on the S & P 500 and said traders should look to buy shares of companies with strong cash flow. Markets have tumbled this week on fears the Federal Reserve’s commitment to aggressive rate hikes through …

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European stocks slide 2.8% after weak euro zone data, new UK economic plan

European stocks were sharply lower on Friday, as investors digested a raft of central bank decisions and a new economic plan from the U.K.The Stoxx 600 was down 2.8% in early afternoon trading, with all sectors and major bourses trading in the red.Oil and gas stocks and basic resources were the biggest fallers, both down …

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FedEx, Costco, Boeing and more

Check out the companies making headlines before the bell:FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in the premarket.Costco (COST) – Costco lost 3.3% in the premarket despite reporting better-than-expected profit and sales …

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Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a company’s ability to maintain competitive advantages …

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Charts suggest inflation could soon come down ‘substantially,’ Jim Cramer says

CNBC’s Jim Cramer on Thursday said that inflation could soon decline, leaning on charts analysis from legendary technician Larry Williams.”The charts, as interpreted by Larry Williams, suggest that inflation could soon cool down substantially — soon — if history’s any guide,” he said. The “Mad Money” host’s comments come after the Federal Reserve on Wednesday raised …

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Futures are flat following another day of losses after Fed rate hike, sell-offs

Stock futures were largely flat Wednesday night as investors continued reacting to the Fed’s rate hike and concerns over a potential economic downswing.The Nasdaq 100 was up 10 points or 0.09%. Dow Jones Industrial Average futures rose by 41points, or 0.14%. S&P 500 futures increased 4 points, 0.11%.Costco stock was down about 2.6% in extended …

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Robinhood rises after report that SEC will not ban payment for order flow

A woman holds a smartphone with the Robinhood logo in the background.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesShares of retail brokerage Robinhood moved higher on Thursday after a report that U.S. regulators would not ban payment for order flow, a key part of the company’s business model.Bloomberg News reported that the Securities …

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