NY Fed 1-Year inflation expectations print at 3.58%
NY Fed 1-Year inflation expectations were 3.58%, versus 3.6% forecast and 3.63% prior.
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U.S. stocks gain as AI dealmaking offsets software selloff
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Marvell Technology implied move seen at 9.58% ahead of results
Marvell Technology reports second-quarter 2027 results after the close, with Wall Street expecting 87 cents a share on $2.71 billion in revenue. Options imply a 9.58% move, or $20.8 billion of market value at stake.
Oil Spikes 7%, Nasdaq 100 Sinks Before Fed: Stock Market Today
A deepening sell-off gripped Wall Street midday Wednesday as crude oil spiked on a fresh U.S.-Iran escalation just hours before the Federal Reserve’s rate verdict, dragging the S&P 500 to four-week lows and knocking the Nasdaq 100 down more than 10% from prior records. President Donald Trump threatened strikes against
Bloom Energy Volatile
Bloom Energy shares are volatile as traders reassess positioning after the stock recently hit new highs