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Bloomberg
Stocks Fall in Cautious Start to Key Fed Week: Markets Wrap
(Bloomberg) — Stocks slid with US equity futures in a cautious start on Monday as investors await a slew of interest rate decisions in the days ahead and after global equities notched their worst week since hitting this year’s low in June. Most Read from BloombergBezos Loses Spot as World’s Second-Richest Person to AdaniTurkey Seeks to Be First NATO Member to Join China-Led SCOBusiness Class for $20,000 Means Staff Fly Coach or Not at AllBiden Says He Warned Xi of Investment Chill If China Back
MarketWatch
The biggest Fed rate hike in 40 years? It could be coming this week.
Desperate times call for desperate measures, and this might be just such a time: Persistently high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years.
Reuters
Some investors fear Fed will tighten rates too far as inflation bites
Just months ago, investors worried the Federal Reserve was not fighting inflation aggressively enough. Several jumbo rate hikes later, some now fear the Fed will plunge the economy into recession by tightening monetary policy too quickly. With markets reeling from last week’s robust inflation number, interest rate futures late Friday were pricing in a roughly 20% chance that the Fed will raise rates by 100 basis points at its Sept 21 meeting.
Reuters
Futures fall on rate hike worries
The S&P 500 and the Nasdaq logged their worst weekly percentage drop since June on Friday as markets fully priced in at least a 75-basis-point rise in rates during the week, with Fed funds futures showing a 21% chance of a whopping 100 bps increase. Heavyweights Microsoft Corp, Amazon.com, Meta Platforms, Alphabet Inc, Apple Inc, Tesla Inc and Nvidia Corp fell between 1.0% and 1.4% in premarket trading. Bank of America slipped 1.4% to lead declines among the big U.S. banks.
Motley Fool
Better Buy: AT&T vs. Verizon Stock
AT&T (NYSE: T) and Verizon (NYSE: VZ) are two titans of the telecommunications industry, and each company’s respective stocks have long been go-to vehicles for income-focused investors. Which of these dividend-paying telecom stocks is the better buy at today’s prices? George Budwell: Telecom giant AT&T is a company in transition.
Motley Fool
3 No-Brainer High-Yield Dividend Stocks to Buy Now
When your hard-earned money is on the line, it’s easy to overcomplicate an investment decision. The energy industry has been home to high-yield dividend stocks for years and the current imbalance of global oil and gas supply paired with rising demand and years of underinvestment adds a layer of reliability not seen in the energy industry for some time. Baker Hughes (NASDAQ: BKR), Devon Energy (NYSE: DVN), and Kinder Morgan (NYSE: KMI) stand out as three particularly attractive oil and gas companies to consider now.
Motley Fool
Where Will SoFi Be in 3 Years?
It’s been a rough year in the stock market, especially for fintech investors. High inflation and rising interest rates put investors on edge, ramping up market volatility. One company feeling the pain is SoFi Technologies (NASDAQ: SOFI), the fintech that was a hot stock when it first went public in 2020.
TipRanks
Fisker, Rivian or Lucid: Which EV Stock Is the Better Buy?
Everyone knows by now, traditional ICE vehicles are on their way out, fast driven to obsolescence by electric vehicles (EVs). In fact, according to Needham’s clean tech analyst Vikram Bagri, EV adoption is “progressing faster than expected.” Realistically, this is not much of a shock considering the macro background. “The fundamental landscape for EVs is more constructive than ever with elevated gas prices, government support, and improving availability,” Bagri noted. “Though we expect to see so
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