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-0.00101832993890018 0 -0.00407331975560091 -0.00407331975560091 -0.00610997963340127 -0.0264765784114053 -0.0213849287169044 -0.0274949083503055
Stock impact report

Morning bid: Stocks buoyant as Sweden cuts, oil skids [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses stalking new records as Sweden becomes the latest G10 central bank to cut interest rates and oil prices plunged. Stocks futures and Treasury yields held pretty steady overnight even after Minneapolis Fed chief and known hawk Neel Kashkari said all policy options were on the table in getting inflation back in the bottle. "If we need to hold rates where they are for an extended period of time to tap the brakes on the economy, or if we even needed to raise, we would do what we needed to do to get inflation back down," Kashkari said. Perhaps seen as a outlier and not even a voting member of the Fed's policymaking committee this year, markets appeared to bat the comments away. Helped by brisk demand for the hefty $58 billion sale of three-year notes on Tuesday and another sharp fall in crude oil prices, Treasury yields were relatively calm going into a Show less Read more
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