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Stan Choe

Stan Choe

Fortune

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Stocks are recovering after the Fed’s decision on interest rates set off Wall Street’s fear gauge and triggered one of the worst market days of the year

The markets sell-off was sparked by the Fed saying it may deliver fewer interest-rate cuts next year.

19.12.2024 5

Fortune

Stan Choe

Stocks take a brutal slide after the Fed signals fewer rate cuts ahead

Fed officials released projections on Wednesday showing the median expectation among them is for two more cuts to the federal funds rate in 2025.

19.12.2024 7

Fortune

Stan Choe

Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren’t building data centers fast enough

AI doesn't come cheap!

31.10.2024 7

Fortune

Stan Choe

Just rolling over your 401(k) when you switch jobs could cost you $300,000

That's enough to fund an estimated six additional years of spending in retirement.

24.10.2024 3

Fortune

Stan Choe

Jubilation sweeps global markets, Wall Street roars after interest rate relief

Lower interest rates help financial markets in two big ways.

19.09.2024 9

Fortune

Stan Choe

Wall Street stumbles as S&P 500 faces worst week since March 2023

The jobs report showed U.S. employers hired fewer workers in August than economists expected.

06.09.2024 2

Fortune

Stan Choe

Dow soars as stocks near record highs after Powell says it’s time for rate cuts

The S&P 500 is less than 1% below its all-time high set last month after briefly falling nearly 10% below the mark.

23.08.2024 30

Fortune

Stan Choe

Nvidia’s earnings report will test how much hype is left in the S&P 500 mega stock

But even a good performance by Nvidia does not guarantee more gains for the stock.

22.08.2024 40

Fortune

Stan Choe

The S&P 500 is nearing all-time highs as stocks have best week of the year

For the week, the S&P 500 added nearly 3.9%, its best since November 2023. The Nasdaq gained 5.2%, and the Dow rose 2.9%.

17.08.2024 2

Fortune

Stan Choe

Stocks jump as the S&P 500 ends a wild week almost exactly where it started

After its best day since 2022, the S&P 500 rose 0.5% Friday, trimming its loss for the week down to just 0.1%.

09.08.2024 1

Fortune

Stan Choe

Stocks surge after surprise drop in unemployment claims

“Today’s jobless claims data may ease some of the concerns raised by last week’s soft jobs report,” said Chris Larkin, managing director,...

08.08.2024 2

Fortune

Stan Choe

Wall Street rebounds as S&P 500 ends 3-day slump

Critics have been saying that euphoria has sent stock prices too high in many cases.

07.08.2024 2

Fortune

Stan Choe

Wall Street is rebounding from its worst day in years

It's on track to break a brutal three-day losing streak.

06.08.2024 1

Fortune

Stan Choe

Nearly everything on the U.S. stock market is sinking while Japan has worst day since 1987

The S&P 500 was down by 2.4% in midday trading and on track for its worst day since 2022. The Dow Jones Industrial Average was reeling by 864...

05.08.2024 10

Fortune

Stan Choe

Stocks crash on recession fears as the ‘Fed is seizing defeat from the jaws of victory’

The S&P 500 was sinking by 2.5% in midday trading, potentially on pace for its worst day since 2022, and on track for its first back-to-back...

02.08.2024 3

Fortune

Stan Choe

Amazon, Apple, Meta, Microsoft: $9 trillion tech giants to shape Wall Street this week

Their stock movements carry extra weight on Wall Street because they are among the market’s largest by total value.

30.07.2024 10

Fortune

Stan Choe

Tesla and Alphabet earnings disappoint, triggering sharpest market decline in 2 years

Profit expectations are high, but particularly so for the “Magnificent Seven.”

25.07.2024 2

Fortune

Stan Choe

Wall Street’s record hot streak just hit a wall

You can blame China, Trump, Apple, and Nvidia.

17.07.2024 1

Fortune

Stan Choe