The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low unemployment, Goldman Sachs advised clients on Sunday evening.
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News: What you need to know about the markets | | | | Goldman Sachs has a new prediction that could affect your wallet | The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low unemployment, Goldman Sachs advised clients on Sunday evening. Read more » | | How is Omicron impacting your life? | The Omicron variant is driving a surge in Covid-19 cases across the country, sickening Americans and upending our daily routines. Read more » | | Who's to blame for inflation? It's complicated | President Joe Biden and other politicians will tell you inflation is Corporate America's fault. Corporate America blames the administration's pandemic assistance programs for putting too much cash into the economy. Read more » | | Farewell, FAANGs: Big tech stocks sink and Dow falls more than 500 points | Many investing experts have been predicting for some time that there will be a shift away from big tech towards value stocks. It might finally be happening. Read more » | | Brits face a massive increase in energy bills. BP and Shell could be on the hook to pay | The UK government is coming under mounting pressure to increase taxes on oil and gas companies, including BP and Shell. The aim: to help British households cope with skyrocketing energy bills. Read more » | | Grand Theft Auto, meet FarmVille | Zynga, the mobile game developer known for hits like FarmVille, Words With Friends and a popular Texas Hold'em poker game, is pairing up with Take-Two Interactive, the developer of the Grand Theft Auto franchise of games. Read more » | | | | | | | |
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| -162.79 | | +6.93 | | -6.74 | 36,068.87 | | 14,942.83 | | 4,670.29 | -0.45% | | +0.05% | | -0.14% | YTD -0.74% | | YTD -4.49% | | YTD -2.01% | | | |
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Biggest Winners | Humana Inc | +6.06% | | Bristol-Myers Squibb Co | +3.61% | | Thermo Fisher Scientific Inc | +2.96% | | Merck & Co Inc | +2.58% | | Biggest Losers | Cardinal Health Inc | -5.92% | | Estee Lauder Companies Inc | -5.36% | | Tapestry Inc | -4.68% | | PVH Corp | -4.36% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $78.41 | -0.49 / -0.62% | | Gold | $1,801.30 | +12.10 / +0.68% | | 10-yr | 1.78% | +0.01 | | Euro | $1.13 | -0.00 / -0.23% | | |
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