• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
    • FinTech Awards
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

Stock Market News Live Updates: Stocks Rebound As Nasdaq Powers On For Second Straight Day And Dow Gains 180 Points

Jan 11, 2022

Stock Market News Live Updates: Stocks Rebound As Nasdaq Powers On For Second Straight Day And Dow Gains 180 Points

On Tuesday, Wall Street's major indexes finished in positive territory, reversing recent losses as traders assessed Fed Chairman Jerome Powell's statements.

The Nasdaq rose for the second trading day in a row, closing 1.4% higher at 15,153.45, while the Dow gained 180 points. The S&P 500 recovered from losses earlier to finish in the green.

In the confirmation hearing before Congress on Tuesday, Fed Chair Jerome Powell said that if the rate of price rises does not reduce, the central bank will increase short-term costs of borrowings more aggressively.

"If we anticipate inflation lingering at elevated levels for a longer period than projected amd we need to increase interest rates more, we will," Powell declared during testimony.

According to ProShares global investment analyst Simeon Hyman, investors are betting that inflation would fall to levels low enough that it will not significantly impact equities. However, the Federal Reserve's operations must be divided into two parts.

He said that before discussing rate rises, it is necessary to discuss tapering and the latest events — a quicker unwinding of the balance sheet. This might cause long-term rates to climb irrespective of whether inflation falls and how quickly the Federal Reserve raises rates.

"Therefore, such steps may imply that there aren't as many rate rises needed," Hyman noted.

The Federal Reserve's monetary policy will be in focus this week, with the new CPI report from the Bureau of Labor Statistics (BLS) in the center as investors trying to analyze inflationary pressures and the Fed's probable reaction.

Another increase in the current rate is forecast, with analysts expecting a print of 7.1% in December based on Bloomberg statistics, higher than November's 6.8% annualized rate.

Concerns about interest rate rise happening earlier than planned have dampened investors' excitement ahead of the coming year, leaving the stock market at a lower risk so far in 2022. At the same time, Treasury rates have risen, with the benchmark 10-year yield hovering around 1.8%, the highest point since January 2020.

"We're witnessing a general rethinking of what the Fed will do," explained Steven Wieting, global head investment strategist at Citi Private.

"The possibility of the Fed succeeding in lowering inflation is extremely evident," Wieting added. "It was bound to take place one way or another, and we're just trying to figure out how aggressively the central bank would do it."

Federal Reserve watchers, including Goldman Sachs, Evercore ISI, and Deutsche Bank, are now tracking the Fed's rate rise pace. Companies anticipate a 100 basis point hike in short-term interest rates by the end of this year.

"We are revisiting our Fed forecast one more time given falling unemployment, high wage levels, and the expectation of one more scorching inflation report," Evercore ISI's Krishna Guha stated.

JPMorgan Chief Executive Officer Jamie Dimon told CNBC on Monday that he hopes for a "soft landing" from the Fed as it prepares to start increasing its benchmark fed funds rate in March.

"It will be a bit like threading a needle," Dimon added, warning that inflation might be higher than the Federal Reserve anticipates and rate might be raised more than expected.

Subscribe Our Newsletter

Bitcoin Drops Below $20,000. Again.
Bitcoin Drops Below $20,000. Again.

The recession has returned to the cryptocurrency industry. Let's take a look at who to blame.

Crypto
Playtech Responds to Gopher Investments’ Accusation About the Finalto Bid
Playtech Responds to Gopher Investments’ Accusation About the Finalto Bid

Playtech has restated its need for further information from Gopher Investments about its bid for Playtech's finance business Finalto, after Gopher claimed to have supplied all of the information requested.

Companies
Liquidity Provider

What are DeFi liquidity pools?
Let's find out: what is a DeFi liquidity pool, why are liquidity pools important, how protected are funds in DeFi liquidity pools and more.

discover
Order Matching Engine – the Heart of a Crypto Exchange

Oliver

Order Matching Engine – the Heart of a Crypto Exchange

Assume you are a trader. You've placed a purchase order for $10,000 and a sell order for $11,000 in Bitcoin. Then, all of a sudden, both of your commands have been carried out! What caused this to happen?

Crypto Exchange Business

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Alexander

    Full Bitcoin Price History: From 2009 to 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-11-300x203.png

    Constantine

    Top 5 Most Reliable KYC Technology Providers

    https://liquidity-provider.com/app/uploads/2023/01/cover-10-300x203.png

    Alexander

    The Best Crypto Wallets of 2022: Top 5 Picks

    https://liquidity-provider.com/app/uploads/2023/01/cover-2-300x203.png

    Alexander

    Top 5 Most Reliable Forex Brokers of 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-1-300x203.png

    Constantine

    5 Top-Tier Breakthrough Trading, Crypto and Fintech Industries Software Solutions in 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-300x203.png

    Constantine

    5 Most Successful FinTech Industry Startups in 2022

    https://liquidity-provider.com/app/uploads/2022/12/cover-300x203.png

    Constantine

    Top 7 Liquidity Providers of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-3-300x203.png

    Alexander

    Top 5 Crypto Exchanges of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-1-300x203.png

    Constantine

    Top 5 Most Distinguished White Label Solutions in 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-2-300x203.png

    Constantine

    What is Crypto Leverage Trading And How Does It Work?

    https://liquidity-provider.com/app/uploads/2022/12/oblozhka-5-300x203.png

    Constantine

    Top 5 Most Prospective Tokens in the Metaverse.

    https://liquidity-provider.com/app/uploads/2022/12/cover-7-300x203.png

    Constantine

    How to Mine Bitcoins? – Beginners Guide

    https://liquidity-provider.com/app/uploads/2022/11/cover-5-300x203.png

    Oliver

    Blockchain for Business. Pros & Cons

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-1-300x203.png

    Constantine

    The Future of Stablecoins and Central Bank Digital Currencies (CBDCs)

    https://liquidity-provider.com/app/uploads/2022/11/cover-3-300x203.png

    Alexander

    What is Web 3.0 and Why Does it Matter?

    https://liquidity-provider.com/app/uploads/2022/11/cover-1-300x203.png

    Constantine

    5 Benefits of Accepting Crypto Payments for Your Business

    https://liquidity-provider.com/app/uploads/2022/11/cover-300x203.png

    Constantine

    Hot Wallet vs Cold Wallet: Which Do I Need More for Crypto?

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-5-300x203.png

    Alexander

    What is Hedging and How Does it Work in Trading? — Ultimate Guide

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-4-300x203.png

    Oliver

    Pre-execution vs Post-execution: What’s the Difference?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-1-300x203.png

    Constantine

    What is Slippage in Trading? – Definition

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-1-300x203.png

    Oliver

    How Forex Brokers Make Money? – A-Book vs. B-Book Model

    https://liquidity-provider.com/app/uploads/2022/10/shapka-2-300x203.png

    Oliver

    What is the Ethereum Merge, And How Will it Change Ethereum?

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-300x203.png

    Alexander

    How to Spot Cryptocurrency Scams

    https://liquidity-provider.com/app/uploads/2022/10/shapka-300x203.png

    Milena

    Exploring the Metaverse: What Does It Mean for the Future of the Internet?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2023 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy