Economic events

Stock futures fall after S&P 500 hits new low for the year; 10-year Treasury yield briefly tops 4%

CNBC Pro: Credit Suisse says now’s the time to buy two green hydrogen stocks — and gives one over 200% upside Credit Suisse says it’s time to enter the green hydrogen sector, with a number of catalysts set to drive the clean energy powerhouse. “Green hydrogen is a growth market — we increase our 2030 …

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Some homebuyers are facing ‘payment shock.’ Ways to save on a mortgage

Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, homebuyers are still feeling the sting of elevated prices and higher interest rates. The average rate on a 30-year fixed-rate mortgage is 6.7% as of Friday, up from 3.3% at the start of 2022, according to Mortgage News Daily. Alongside that, home prices …

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Fed hike, Bank of Japan, interest rates, currencies

Fed hike likely to keep Asian risk assets under pressure, JPMorgan says Asian risk assets, especially export-oriented companies, will remain under pressure in the short term following the Fed’s rate hike, according to Tai Hui, chief APAC market strategist at JPMorgan Asset Management. Tai added that a strong US dollar is likely to persist, but …

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Stock futures rise as Wall Street looks ahead to key inflation data

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, September 9, 2022. Brendan Mcdermid | Reuters Stock futures were higher Sunday night as Wall Street looks ahead to key inflation data to be released this week. Dow Jones Industrial Average futures rose 77 points, or 0.24%. S&P …

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