2022-05-25 10:45:01 $ECON Economic Data
05/25/22 05/2510:45 05/25/2210:45 | Wall Street continues its rollercoaster amid myriad influencesWall Street continues its rollercoaster amid myriad influences, though aside from positioning, one of the dominant ones today is the advent of the FOMC minutes to the May meeting. And the big question is whether the Fed will blink. The major indexes are all in the green, shedding early losses. The NASDAQ is pacing the rally with a 1.0% gain, with the S&P 500 and Dow up 0.70% and 0.45%, respectively. Equities are in hopes of a "Fed put," and while that remains elusive as inflation remains elevated, the market has priced out the more aggressive policy path that had been feared earlier in the year, before Chair Powell took a 75 bp hike off the table. The markets are priced for 50 bp increases in June and July, with a more shallow trajectory generally expected thereafter. There is even some speculation of a pause in September. |
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Avis Budget price target lowered to $158 from $223 at Barclays »
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ISS recommends Healthcare Realty Trust shareholders to vote "FOR" »
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Burberry downgraded to Neutral at Exane BNP Paribas after valuation correction »
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Telus investing $23B across Ontario from 2022 to 2026 »
06:12 07/05/22 07/0506:12 07/05/2206:12
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Symbotic initiated with a Buy at Needham »
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Warner Music price target lowered to $33 from $37 at Barclays »
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Cowen acquisition could be accretive to TD, says Piper Sandler »
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Armada Hoffler completes $24M retail sale at 4% exit cap rate »
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New Fortress Energy signs partnership agreement with Pemex »
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Healthcare Trust reports highest levels of new leases »
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Green Mobility Holding to delist Europcar Mobility Group »
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New Fortress Energy announces agreeement in Mexico with the CFE »
06:07 07/05/22 07/0506:07 07/05/2206:07
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Sernova initiated with a Buy at H.C. Wainwright »
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CareTrust REIT participates in senior secured real estate financing »
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Aveanna downgraded to Hold from Buy at Truist »
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Voyager Digital downgraded to Neutral from Buy at H.C. Wainwright »
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HP Inc. downgraded to In Line from Outperform at Evercore ISI »
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New Fortress Energy and Apollo form a new joint venture in a $2B transaction »
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Anebulo says Phase 2 ANEB-001 clinical trial met primary endpoint »
06:04 07/05/22 07/0506:04 07/05/2206:04
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Tesla price target lowered to $385 from $395 at JPMorgan »
06:03 07/05/22 07/0506:03 07/05/2206:03
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Kohl's end of review process a 'significant' negative, says UBS »
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AB InBev upgraded to Buy from Neutral at Citi »
05:58 07/05/22 07/0505:58 07/05/2205:58
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Shopify initiated with a Market Perform at JMP Securities »
05:51 07/05/22 07/0505:51 07/05/2205:51
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Credit Agricole downgraded to Hold from Buy at Deutsche Bank »
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