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Stocks Pressured on the Prospect of Higher for Longer Interest Rates

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.70%. US stock indexes...

$SPX : 5,018.39 (-0.34%)
SPY : 500.35 (-0.32%)
$DOWI : 37,903.29 (+0.23%)
DIA : 378.89 (+0.20%)
$IUXX : 17,318.55 (-0.70%)
QQQ : 421.52 (-0.72%)
ZNM24 : 107-265 (+0.36%)
CVS : 56.31 (-16.84%)
SBUX : 74.44 (-15.88%)
SMCI : 738.30 (-14.03%)
SWKS : 90.29 (-15.30%)
EL : 127.37 (-13.18%)
Interest rates remain unchanged due to a ‘lack of progress’ on 2% inflation according to Fed

The Federal Reserve, as the authoritative body, has announced that interest rates will remain unchanged due to a “lack of progress” in bringing inflation down. The government body published a statement...

Shootin' the Bull about entrenched stagflation

Inflation has remained higher for longer than anyone predicted.  Especially the Fed.  Their once transitory inflation has spun completely out of control.  Attempts to reel in consumer spending has been...

AP PHOTOS: Workers rule the streets on May Day

AP PHOTOS: Workers rule the streets on May Day

$SPX : 5,018.39 (-0.34%)
$DOWI : 37,903.29 (+0.23%)
$IUXX : 17,318.55 (-0.70%)
Dollar Slides and Gold Jumps as Powell Downplays a Fed Rate Hike

The dollar index (DXY00 ) Wednesday retreated from a 2-week high and fell by -0.35%. The dollar today gave up early gains and turned lower as bond yields dipped from weaker-than-expected US economic news...

DXY00 : 105.824 (-0.37%)
^EURUSD : 1.07044 (+0.36%)
^USDJPY : 155.595 (-1.40%)
GCM24 : 2,327.3 (+1.06%)
SIN24 : 26.895 (+0.90%)
Crude Finishes Sharply Lower on Gaza Cease-Fire Prospects and Robust EIA Inventories

June WTI crude oil (CLM24 ) on Wednesday closed down -2.93 (-3.58%), and June RBOB gasoline (RBM24 ) closed down -11.38 (-4.23%). Crude and gasoline prices Wednesday tumbled to 1-1/2 month lows and closed...

CLM24 : 79.16 (-3.38%)
RBM24 : 2.5787 (-4.18%)
Abundant US Supplies and a Mild Spring Undercuts Nat-Gas Prices

June Nymex natural gas (NGM24 ) on Wednesday closed down by -0.059 (-2.96%). June nat-gas prices closed moderately lower on Wednesday for a second session. Ample US supplies and mild spring temperatures...

NGM24 : 1.929 (-3.11%)
Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools

Do social media users have the right to control what they see — or don’t see — on their feeds

FB : 196.64 (+0.51%)
$SPX : 5,018.39 (-0.34%)
$DOWI : 37,903.29 (+0.23%)
$IUXX : 17,318.55 (-0.70%)
Sugar Prices Fall on a Slide in Crude Oil

July NY world sugar #11 (SBN24 ) on Wednesday closed down -0.19 (-0.98%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -1.00 (-0.18%). Sugar prices Wednesday posted moderate losses. Wednesday's...

SBN24 : 19.22s (-0.98%)
SWQ24 : 568.30s (-0.18%)
CLM24 : 79.16 (-3.38%)
Cocoa Prices Close Sharply Lower as Cocoa Buyers Delay Purchases

July ICE NY cocoa (CCN24 ) on Wednesday closed down -999 (-10.76%), and July ICE London cocoa #7 (CAN24 ) closed down -679 (-8.56%). Cocoa prices Wednesday closed sharply lower. Due to record-high prices,...

CCN24 : 8,284s (-10.76%)
CAU24 : 6,683s (-9.05%)

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McDonald's $MCD forms a Death Cross https://t.co/FfCMf8kjPP
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Jerome Powell: "Inflation is still too high and further progress is NOT assured." https://t.co/cJ6KyRLc6t
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Global Gold Production 🪙 https://t.co/jNiu1UTjhn
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JUST IN 🚨: Fed leaves interest rates unchanged https://t.co/bIwRCuvHHw
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WOW! $CVS getting absolutely blitzed and is on track for its biggest loss in almost 15 years https://t.co/mqtXxCZrbC
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Stock Market has now been fearful for 13 consecutive trading days 👻😱 https://t.co/V26pMVvyc3
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BREAKING 🚨: Starbucks $SBUX on track for its biggest loss in 24 years 👀 https://t.co/onCPnjVSor https://t.co/0NlLT19Dz3
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Doesn't look wonderful for Bitcoin $BTC https://t.co/eVAw62B9mL
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Walmart Insider Trading Alert 🚨 President & CEO Doug McMillon sold 29,124 $WMT shares for a total value of 1.748 million https://t.co/empNbu2QsC https://t.co/vuhPFCgW1i
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Homebuyer Change Since 2015 https://t.co/ccla6vGroe

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Chart of the Day

Hercules Technology Growth Capital (HTGC)

The Chart of the Day belongs to the technology focused business development company Hercules Technology Growth Capital (HTGC) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy...
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Major Market Indices

Symbol Last %Chg
$SPX 5,018.39 -0.34%
S&P 500 Index
$NASX 15,605.48 -0.33%
Nasdaq Composite
$DOWI 37,903.29 +0.23%
Dow Jones Industrials Average
$ONE 2,378.97 -0.29%
S&P 100 Index

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