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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Dow Drops Over 200 Points Before Fed Decision as Sentiment Slips but ‘Greed’ Lingers

U.S. stocks closed lower on Tuesday with the  Dow Jones Industrial Average  falling  205 points to 44,632.99 , as investors turned cautious ahead of the Federal Reserve’s interest rate decision. Despite the decline, the  CNN Business Fear & Greed Index  remained in the  “Greed” zone at 69.1 , down slightly from 72.2 in the previous session. Market Movers and Economic Data UnitedHealth (UNH)  plunged  7.46%  after reporting weaker-than-expected Q2 2025 earnings, though it reinstated its full-year guidance. Procter & Gamble (PG)  posted better-than-expected Q2 earnings, providing some support to consumer staples. On the data front: Job openings  dropped by  275,000 to 7.437 million  in June, missing estimates of 7.55 million. The  S&P CoreLogic Case-Shiller Home Price Index  rose  2.8% YoY  in May. U.S. trade deficit  narrowed to  $86 billion , down $10.4 billion from May. Wholesale ...

Tariffs, Fed Decision, and Big Tech Earnings to Drive Markets Next Week

Markets are bracing for a high-stakes week as a series of major events could shake the recent calm that has propelled U.S. stocks to record highs. Tariffs Loom Large President Donald Trump’s  Aug. 1 deadline  for sweeping global tariffs is approaching. If no trade deals are reached, higher levies on key trading partners could take effect, potentially sparking volatility. The S&P 500 has surged  28%  and the Nasdaq  38%  since the market dip in early April following Trump’s initial “Liberation Day” tariff announcement. Federal Reserve in Focus The  Federal Reserve’s policy meeting  on Wednesday is another major market driver. The Fed is expected to keep rates steady as officials wait to assess the impact of tariffs on inflation. However, tensions remain high, with Trump urging Fed Chair Jerome Powell to cut rates immediately. Some of Trump’s own appointees have signaled support for a cut as early as this month. Tech Earnings on Deck Apple, Micr...