Stock Market Today: Live Updates

one hour ago

Vital Knowledge says the dovish news supported the market in early trade

Vital Knowledge’s Adam Crisafulli highlighted several “exciting news” to start the day.

Initially, the RBA offered a “moderate hike,” suggesting that this 25 basis point rate hike may be its last round. Meanwhile, CPIs from Taiwan, Thailand, and the Philippines all came in below St, while CPIs from Taiwan, Thailand, and the Philippines all came in below St. Japanese wage data also came in below plan.The European Central Bank’s latest survey revealed a drop in inflation expectations, Crisavoli said.

However, “the biggest focus today will be Powell’s 10 a.m. EST testimony to the Senate. … Bottom line: Powell’s objection to sounding ‘less hawkish than feared’ is low.”

– Fred Imbert, Michael Blum

7 hours ago

European Markets: Here are the opening calls

European markets They’re heading into the co-ed Open Tuesday.

Britain’s FTSE 100 is expected to open 19 points higher at 7945, Germany’s DAX is up 20 points at 15,669, France’s CAC is up 10 points at 7,383, and Italy’s FTSE MIB is down 16 points at 27,953, according to data from IG.

Data releases include Irish inflation data for February, while earnings come from Greggs, Reach, Man Utd, Nielsen, Zalando, Schaeffler, Henkel, Lego and HelloFresh.

– Holly Ellytt

13 hours ago

Paul Hickey says the performance of small businesses this year is a good sign

Paul Hickey, co-founder of Bespoke Investment Group, said the strength of small-cap stocks is a sign of market resilience despite uncertainty about the Fed’s tightening path. The Russell 2000 is up about 8% this year, outperforming the S&P 500’s 5.4% gain.

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“There was some really strong underlying resilience in the market in the face of tightening financial conditions,” Hickey said on CNBC’s “Extra Closing Bell” Monday.

– Yun Lee

13 hours ago

January wholesale inventories and consumer credit data are due on Tuesday

Data on wholesale inventories for January is due on Tuesday after the opening bell, giving investors an insight into the consumer economy. Economists polled by Dow Jones expect a decline of 0.4%, compared to a rise of 0.1% in the previous reading.

Consumer credit data Tuesday afternoon is expected to show a rise of $22 billion in January, according to Dow Jones estimates. This would follow an increase of $11.6 billion in the previous month.

– Sarah Maine

13 hours ago

WW International shares appear after hours

Shares of WW International jumped more than 10% in extended trading.

The company, also known as WeightWatchers, He said Acquired Sequence, a telehealth subscription platform focused on chronic weight management, at a net purchase price of $106 million. The transaction is expected to close during the second quarter of 2023.

Separately, WW International announce Its results for the fourth quarter and the full year.

see chart…

WW International stock for one day

13 hours ago

Stock futures are open

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