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Your daily horoscope: March 17, 2026

  IF TODAY IS YOUR BIRTHDAY A creative dream you thought would have to stay a dream can still become a reality, but you must get serious about it. Make it your No. 1 aim over the coming 12 months and don’t let anything, or anyone, get in the way. ARIES (March 21 - April 20): A decision you take today won’t be popular with everyone but you know that if you don’t do something right away you may not get another chance. Be bold and follow what your instincts tell you to do, not what others want you to do. TAURUS (April 21 - May 21): If you give your imagination permission to roam today there is no telling what great ideas it might come up with. Whatever it is you choose to do though make sure you do it with like-minded people rather than on your own. GEMINI (May 22 - June 21): The upcoming new moon will boost your confidence on the work front and make it easy to push ahead with your plans whether or not the powers that be approve. Don’t hide your talents - aim to be bigger and better t...

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Powell’s Words Rattle Investors

 

US stock futures took a tumble today after Federal Reserve Chair Jerome Powell poured cold water on hopes for an early interest rate cut. As we head into a busy week of corporate earnings, investors are closely watching the impact of Powell’s statements on the recent market rally. S&P 500 ( ^GSPC) futures slipped 0.2%, signaling a pullback from the benchmark’s record-setting run, Dow Jones Industrial Average ( ^DJI) futures shed roughly 0.2%. and  Nasdaq 100 ( ^NDX) futures dropped 0.1%.

Powell, in a recent “60 Minutes” interview, reiterated the central bank’s cautious approach to rate cuts. He emphasized that the “danger of moving too soon is the job’s not quite done” in quelling inflation. Traders responded by scaling back their bets on rate cuts, not only for March but also for May, according to the CME FedWatch Tool.

US bonds sank, with the 10-year Treasury yield ( ^TNX) rising about six basis points to 4.08%. This move reflects the market’s recalibration of expectations following Powell’s remarks.

Investors are now turning their attention to quarterly results. Last week’s triumphant reports from Meta (META) and Amazon (AMZN) fueled the recent rally. Today, McDonald’s (MCD) disappointed with sales falling short of Wall Street estimates. The coming days will be crucial as a wave of corporate earnings reports determines whether the rally can sustain its momentum.


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