Wall Street Sees Back-to-Back Gains as Stocks Trade Sideways Amid Fed Rate Slowdown

January 24, 2023

Wall Street is looking to build on back-to-back gains as stock futures remain little changed. The Nasdaq led the way higher, jumping 2%, while the Dow closed 250 points higher.

The start of the week saw tech stocks leading the way higher, as investors weigh the Federal Reserve’s rate path. Hints of a potential interest rate slowdown were given by a Fed mouthpiece, causing U.S. stocks to trade sideways.

Big earnings week began on Monday, with investors hoping to see positive results from the major tech companies.

These headlines and more are part of the full coverage of stock market news available on USNN.

most recent

Satellite Broadband Revolution: AST SpaceMobile’s Risky Road to Global Connectivity

Houston, Texas – AST SpaceMobile, a company listed on the NASDAQ as ASTS, is pioneering the development of a global cellular broadband network utilizing space-based infrastructure. While the opportunity for AST is vast and the potential for economic success is promising, the endeavor is not without risks. The emerging market for space-based communication, combined with rapid technological advancements, presents challenges for AST, although the company’s market capitalization hints at significant growth prospects. Despite the positive signs of technology validation and recent business agreements, AST’s current ... Read more

Nomura Holdings, Inc. Breaks Through with Positive Growth in Wealth Management Business and Overseas Expansion Plans!

Tokyo, Japan – Nomura Holdings, Inc., a prominent securities company based in Tokyo, Japan, is making strategic moves to enhance its wealth management business and expand its presence in key international markets. With a focus on accelerating growth through acquisitions and targeting markets like the Americas, India, and the Middle East, Nomura Holdings aims to solidify its position in the global financial landscape. The company’s wealth management segment, which is its largest segment, has shown promising growth potential. In its recent presentations, Nomura Holdings revealed ... Read more

Wall Street in Manhattan Finance District Sees Market Rally Ahead of the Fourth of July

New York City, USA – Wall Street saw a surge in the markets, with the Nasdaq and S&P leading the pack in a shortened trading session. Growth stocks were the key drivers behind the rally, with the Nasdaq rising by 0.9% and the S&P 500 climbing 0.5% to hit new record highs. However, the Dow Jones Industrial Average experienced a slight decline as UnitedHealth’s stock prices dipped. Tech stocks like Nvidia and Tesla played a significant role in boosting the market, with Nvidia seeing a ... Read more

Centennial Celebration: Caesar Salad Turns 100 in Tijuana, Mexico! Discover the Surprising Origins and Timeless Appeal

Tijuana, Mexico – In celebration of its 100th birthday, the iconic Caesar salad is still winning over taste buds worldwide. Legend has it that Italian immigrant Caesar Cardini concocted this beloved dish in 1924 at his eatery, Caesar’s Place, in Tijuana, Mexico. Amid a flurry of California visitors seeking refuge from Prohibition, Cardini whipped up the now-famous salad using a simple mix of Romaine lettuce, garlic-infused oil, Worcestershire sauce, lemon juice, eggs, and Parmesan cheese. This month, Tijuana plans to honor the centennial milestone of ... Read more

REITs on the Rise: Find Out Why Investors Are Flocking to Realty Income and NNN REITs for High Yields

New York, United States – As the stock market continues its upward momentum, certain sectors are standing out while others struggle to keep up. Tech companies like NVIDIA are leading the charge, with the semiconductor giant’s stock contributing significantly to the market’s gains this year. Amidst this tech boom, other industries, such as real estate, are facing challenges due to higher interest rates and economic uncertainties. Within the real estate sector, REITs, or Real Estate Investment Trusts, have been under pressure as investors navigate an ... Read more

Apartment Communities Giant Faces Inflation and Oversupply Headwinds in Nashville – The True Story Revealed!

Nashville, Tennessee – Mid-America Apartment Communities, Inc. (NYSE: MAA) has faced challenges in recent times, with analysts being overly optimistic about earnings and applying high multiples to the stock. Despite this, the company’s potential was acknowledged, suggesting that investors could consider entering the market during periods of decline. The company’s financial performance in Q1-2024 showed a slight contraction in Funds from Operations (FFO), which was expected. Adjusted FFO saw a decrease as well, attributed to a significant rise in expenses outpacing rent growth. This trend ... Read more

FYLD Strategy Revealed: How This Cambria Foreign Shareholder Yield ETF Beats Competitors and Outperforms the Benchmark

Los Angeles, California – Evaluating exchange-traded funds (ETFs) based on past performance and portfolio metrics is crucial for investors. One such ETF, the Cambria Foreign Shareholder Yield ETF (FYLD), stands out for its unique strategy and approach to investing in developed markets excluding the US. Managed by renowned author Meb Faber, the fund focuses on companies that offer high “shareholder yield,” encompassing dividends, buybacks, and debt paydowns. Utilizing a systematic quantitative model, Cambria selects the top 20% of stocks based on shareholder yield, along with ... Read more

Spoiled Food on Delta Flight Causes Mass Illness: Terrifying Details Unveiled

Detroit, MI – A Delta Air Lines flight from Detroit to Amsterdam faced an unexpected detour to New York’s JFK Airport due to multiple passengers falling ill after consuming spoiled food. The incident occurred on Delta Flight 136, prompting medical crews to attend to affected passengers upon landing in New York around 4 a.m. According to sources, the Main Cabin in-flight meal service was compromised, leading to reports of passengers becoming sick after the consumption of spoiled food. Although the exact number of passengers impacted ... Read more

Risky Business: Here’s Why Par Pacific Holdings (PARR) Stock is Causing Concern Among Investors

Houston, Texas – Par Pacific Holdings, a refiner and gas station operator, has experienced a tumultuous journey over the past eight years. Recently, the company’s stock price took a significant nosedive due to poor operating results, leading some to consider it a potential buying opportunity. However, concerns about the company’s operations and management have cast doubt on its future prospects. As a result, some analysts are hesitant to recommend buying the stock, instead advising to hold onto current positions. One major point of contention is ... Read more

Fintech Breakthrough: Dave Inc. Revolutionizes Cash Advances with $10+ EPS Potential – Find Out How!

Los Angeles, California – Dave Inc., a fintech company founded by Jason Wilk in 2016, has been making waves since its inception. The company introduced the Dave App in 2017 and quickly gained traction in the market. In late 2021, Dave went public through a merger with VPC Impact Acquisition Holdings III, marking a significant milestone for the company. Despite facing challenges after going public, such as increased marketing expenses leading to losses in 2022 and 2023, Dave’s management has been working diligently to improve ... Read more