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Search resuls for: "Harris Financial Group"


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☆ Premarket stocks: Jerome Powell's testimony sent markets reeling. That may be a good thing
  + stars: | 2023-03-08 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —Federal Reserve Chairman Jerome Powell on Tuesday cleared the way for larger interest rate hikes at this month’s central bank policy meeting, sending markets into a tailspin. The S&P 500 fell 1.5%, the Dow dropped 575 points, or 1.7%, and the tech-heavy Nasdaq composite ended 1.3% lower. After Powell’s testimony, market expectations for a half-percentage point rate hike spiked. If inflation fails to continue falling, he said, the Fed will keep trying to cool things down by raising rates. Even if Powell was sure that January’s economic data was a fluke, he still wants to maintain the Fed’s credibility.
☆ Stock futures are flat as investors look ahead to economic data, Federal Reserve speeches
  + stars: | 2023-01-18 | by ( Carmen Reinicke | ) www.cnbc.com   time to read: +2 min
Stock futures were flat Wednesday night as investors awaited economic data and speeches from Federal Reserve leadersFutures tied to the Dow Jones Industrial Average fell 9 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures ticked up 0.03% and 0.05%, respectively. Bank stocks such as JPMorgan, Bank of America and Wells Fargo slid, weighing on the broader market. "The data continue to confirm sharp declines in inflation," said Jamie Cox, managing partner of Harris Financial Group. On Thursday, investors will weigh more economic data that could give further clues as how much the Fed may raise interest rates in its upcoming meeting.
☆ Cox: Investing in the healthcare sector is a way to overcome the strong dollar
  + stars: | 2023-01-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCox: Investing in the healthcare sector is a way to overcome the strong dollarJamie Cox, Managing Partner at the Harris Financial Group, joins Worldwide Exchange to discuss his investment strategy.
☆ Some People Are Getting 14 Times the Average Savings Account Rate. Here Are the Best Offers
  + stars: | 2022-11-10 | by ( ) www.wsj.com   time to read: +6 min
By Martha C. WhiteAfter years of earning essentially zilch on your cash, it’s finally possible to see a real return in your savings account. (Capital One 360 Performance Savings remains our pick for Best Overall Savings Account.) Strategies to find the best savings ratesThere are a few places you can search for a savings account that offers high interest—and a couple of caveats to keep in mind. Try an aggregatorSites that aggregate banking offers can be a good place to start your search for a high-yield savings account. With lower overhead than their bricks-and-mortar counterparts, these businesses have more leeway to offer higher rates on deposits.
☆ Stock futures slip after major averages register two days of losses
  + stars: | 2022-10-20 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Stock futures are down as investors came out of a tumultuous day with bond yields rising and wide-ranging corporate earnings. Futures for the Nasdaq 100 slipped 0.6%, while futures linked to the Dow Jones Industrial Average lost 36 points or 0.1%. The indexes saw a second consecutive day of slides during regular trading, with the Dow shedding 90.22 points, or 0.3%. It was a day that started on better footing for the Dow, which hit nearly 400 points at session highs, but rising Treasury yields slashed threw cold water on stocks. But Snap and Robert Half were among those sliding after those companies posted results that fell short of expectations.
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