Stock market dips after Fed announces another rate hike
The stock market slipped across the board Thursday, the day after the Federal Reserve announced another rate hike of 50 basis points. Willie Delwiche, an investment strategist with All Star Charts, spoke with LiveNOW from FOX's Josh Breslow about the situation.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
Fed expected to raise interest rate one-half point
Another rate hike is expected to be announced Wednesday afternoon. LiveNOW from FOX's Josh Breslow spoke with Greg McBride at Bankrate.com to explain what the increase means for your wallet.
Stocks rocked to end the horrible trading week
The Dow Jones Industrial Average lost over 1,000 points on Thursday as investors wrestled with whether the Federal Reserve can successfully avoid a recession. The yield on the 10-Year Treasury was at 3.07% on Friday morning. Elsewhere, Under Amour shares fell sharply after posting a quarterly loss of $59.6 million or $0.13 per share compared to a profit of $77 million or $0.17 per share a year ago.