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Jim Cramer’s top 10 things to watch in the stock market Thursday: META

My top 10 things to watch Thursday, Feb. 2, 2023 1. The Federal Reserve is saying exactly what it should say, allowing all people to dream what they want to dream. It vowed on Wednesday to keep fighting inflation and raised interest rates by 25 basis points. But the market seemed to rebound on Chair …

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Wall Street analysts are bullish on META, NVDA & FSLR

Here are Thursday’s biggest calls on Wall Street: JMP downgrades Peloton to market perform from outperform JMP downgraded the stock mainly on valuation. “We are downgrading our rating on shares of Peloton from Market Outperform to Market Perform as Peloton reached our prior $16 price target while we leave our FY2024 estimates largely unchanged following …

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European Central Bank raises rates by 50 basis points, pledges further hike in March

Christine Lagarde, president of the European Central Bank speaks at an event. Bloomberg | Bloomberg | Getty Images The European Central Bank on Thursday confirmed expectations of a 50 basis point interest rate increase, taking its key rate to 2.5%. In a statement, it pledged to “stay the course in raising interest rates significantly at …

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Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared

A passageway near the Bank of England (BOE) in the City of London, UK, on ​​Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest rates by 50 basis points and dialed back some of its previous bleak economic forecasts. The Monetary Policy Committee …

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Nasdaq 100 futures rise after Meta posts quarterly revenue beat

Futures linked to the Nasdaq 100 were higher overnight Wednesday. Nasdaq 100 futures gained 0.8%, helped by Meta shares. S&P 500 futures jumped 0.3%. Futures connected to the Dow Jones Industrial Average ticked down 45 points, or 0.1%. Meta surged more than 19% in extended trading after reporting a fourth-quarter beat on revenue and announcing …

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Asia-Pacific markets mostly rise as investors digest Fed’s smaller quarter-point hike

Signs of ‘sequential acceleration’ in Hong Kong despite economy contraction in 2022: UBP Hong Kong’s economy is “in a position to return to expansion,” this year, UBP told CNBC’s “Squawk Box Asia” on Thursday. “We are seeing signs that there’s been a sequential acceleration in January. So that’s the good news,” said Carlos Casanova, UBP’s …

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S&P 500 closes higher on Wednesday, Nasdaq adds 2% as investors look past Fed’s rate hike

Stocks gained on Wednesday in an intraday turnaround as investors shook off a quarter-point rate hike from the Federal Reserve and instead focused on comments from Fed Chairman Jerome Powell that acknowledged falling inflation. The S&P 500 gained 1.05% to end at 4,119.21, reversing an earlier decline of almost 1%. The Nasdaq Composite added 2% …

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