Turmoil on Wall Street is a feature, not a bug, of the Federal Reserve's fight against inflation, according to former New York Federal Reserve President Bill Dudley.
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News: What you need to know about the markets | | | | Stock market selloff is exactly what the Fed wants, former NY Fed chief says | Turmoil on Wall Street is a feature, not a bug, of the Federal Reserve's fight against inflation, according to former New York Federal Reserve President Bill Dudley. Read more » | | The Fed was late to inflation. Will it miss the next big risk? | The Federal Reserve is finally getting aggressive in its bid to fight decades-high inflation. Read more » | | Jamie Dimon: The Cold War is back and a recession is a real possibility | JPMorgan Chase CEO Jamie Dimon said Wednesday that the Federal Reserve should have moved sooner to raise interest rates and conceded the odds do not favor taming inflation without sparking a recession. Read more » | | Stocks surge after Fed raises rates by a half point for the first time in two decades | Read more » | | Forget Disney and Florida, companies won't be able stay silent on abortion | American businesses could soon find themselves stuck between employees' demands for abortion access and Republican politicians' increasingly hostile attitudes toward Corporate America. Companies may ultimately be forced to pick a side. Read more » | | The Fed makes history with huge rate hike | All eyes will be on the Federal Reserve Wednesday as it wraps up a crucial policy meeting in Washington, DC, the outcome of which will have repercussions for millions of American families and businesses, as well as the economy, ahead of the midterm elections. Read more » | | | | | | | |
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| +932.27 | | +401.10 | | +124.69 | 34,061.06 | | 12,964.86 | | 4,300.17 | +2.81% | | +3.19% | | +2.99% | YTD -6.27% | | YTD -17.13% | | YTD -9.78% | | | |
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Biggest Winners | Paycom Software Inc | +13.78% | | Generac Holdings Inc | +11.79% | | Xylem Inc | +9.63% | | Amcor PLC | +9.61% | | Biggest Losers | Johnson Controls International PLC | -8.71% | | Intercontinental Exchange Inc | -4.04% | | Healthpeak Properties Inc | -2.30% | | Vornado Realty Trust | -1.52% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $107.58 | +5.17 / +5.05% | | Gold | $1,884.30 | +13.70 / +0.73% | | 10-yr | 2.92% | -0.04 | | Euro | $1.06 | +0.01 / +0.91% | | |
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