{"id":7180,"date":"2022-09-17T07:01:51","date_gmt":"2022-09-17T07:01:51","guid":{"rendered":"https:\/\/rsvtv.com\/finance-investments\/stock-market-coverage-friday-september-9-yahoo-finance\/"},"modified":"2022-09-17T07:01:51","modified_gmt":"2022-09-17T07:01:51","slug":"stock-market-coverage-friday-september-9-yahoo-finance","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/finance\/stock-market-coverage-friday-september-9-yahoo-finance\/","title":{"rendered":"Stock Market Coverage \u2013 Friday September 9 Yahoo Finance"},"content":{"rendered":"<img fifu-featured=\"1\" width=\"1920\" data-src=\"https:\/\/i.ytimg.com\/vi\/o4BMLs65f4Y\/maxresdefault.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Stock Market Coverage &#8211; Friday September 9 Yahoo Finance\" loading=\"lazy\"  link_thumbnail=\"\"  style=\"display:none\"><p><iframe loading=\"lazy\"  width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/o4BMLs65f4Y?modestbranding=1\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>#bonds #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed<br \/>\n#YahooFinance #investing #stockmarket #bitcoin #crypto<br \/>\nThe latest market coverage and big interviews in the world of finance every Monday\u2013Friday from 9am to 5pm (ET).<\/p>\n<p>U.S. stocks extended a broad-based rebound Friday, capping a sell-off that spanned three consecutive weeks.<\/p>\n<p>The S&#038;P 500 jumped 1.5%, building on back-to-back sessions of gains, while the Dow Jones Industrial Average soared 377 points, or about 1.2%. Technology stocks led the way up, with the Nasdaq Composite climbing 2.1%.<\/p>\n<p>Oil extended a volatile run as prices resumed their climb Friday. West Texas Intermediate (WTI) and Brent crude oil futures each rose 4% to $86.88 per barrel and $92.84 per barrel, respectively.<\/p>\n<p>In a stark warning to the West on Friday, Russia said efforts to place price caps on the country\u2019s oil and gas exports in sanctioning Russia for its war in Ukraine would fail and \u201clead to a slippery floor under its own feet.\u201d<\/p>\n<p>Meanwhile in cryptocurrency markets, Bitcoin (BTC-USD) moved above $21,000, just one day after sliding below $19,000. The coin&#8217;s rally buoyed shares of crypto stocks, including Coinbaise (COIN) \u2014 up more than 10% \u2014 and MicroStrategy (MSTR) \u2014 climbing nearly 12%.<\/p>\n<p>Investors continued to mull remarks made by Federal Reserve Chair Powell at the Cato Institute\u2019s 40th Annual Monetary Conference in Washington D.C. on Thursday.<\/p>\n<p>\u201cThe Fed has, and accepts, responsibility for price stability,\u201d Powell said, again affirming the U.S. central bank\u2019s commitment to mitigating inflation. \u201cWe need to act right now \u2014 forthrightly, strongly.\u201d<\/p>\n<p>Wall Street is anticipating with increasing certainty that Fed officials will deliver a third consecutive rate hike of 0.75% later this month, with a flurry of institutions raising expectations for the magnitude of increases on the Fed\u2019s benchmark policy rate.<\/p>\n<p>Bank of America, Goldman Sachs, and Nomura have all lifted their forecasts through year end.<\/p>\n<p>\u201cIn our view, unchanged guidance about when the pace of rate hikes may slow suggests that Chair Powell and the Fed are comfortable with current market pricing,\u201d BofA economists said.<\/p>\n<p>Elsewhere in markets, shares of DocuSign (DOCU) rallied 10.5% after the company reported better-than-expected second-quarter earnings late Thursday and raised its subscription revenue guidance for the year.<\/p>\n<p>Zumiez (ZUMZ) shares reversed losses, rising 3.8% even after the retailer posted disappointing Q2 results and downwardly revised its third-quarter sales guidance. CEO Rick Brooks said \u201cinflation weighed on consumer discretionary spending,\u201d putting pressure on the company\u2019s U.S. business.<\/p>","protected":false},"excerpt":{"rendered":"<p><img width=\"1920\" data-src=\"https:\/\/i.ytimg.com\/vi\/o4BMLs65f4Y\/maxresdefault.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Stock Market Coverage \u2013 Friday September 9 Yahoo Finance\" loading=\"lazy\">#bonds #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto The latest market coverage and big<\/p>\n","protected":false},"author":1,"featured_media":7181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[373],"tags":[],"class_list":{"0":"post-7180","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance"},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.6.9 - 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