Geopolitics Alpha

Stable Labor Market to Keep Fed on Track to Raise Rates Gradually

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAStable Labor Market to Keep Fed onTrack to Raise Rates GraduallyGEOPOLITICS ALPHA

The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-2.2% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.8% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • TIP iShares TIPS Bond ETF-0.0% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • JPM JPMorgan Chase+0.1% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-11.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • DHI D.R. Horton+13.7% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.08%-1.01%baseafter closeafter closeafter closeafter close
IEF-0.26%-0.89%baseafter closeafter closeafter closeafter close
TIP+0.43%-0.14%baseafter closeafter closeafter closeafter close
JPM-0.08%+0.17%baseafter closeafter closeafter closeafter close
BAC+0.41%-0.30%baseafter closeafter closeafter closeafter close
DHI-7.36%-7.86%baseafter closeafter closeafter closeafter close
SCHW-4.93%-3.59%baseafter closeafter closeafter closeafter close
WMT-3.29%-2.27%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

Source: The New York Times

This story

CompanyWhenMoveStatus
BACthree days earlier-0.30%final price
BACfive days earlier+0.41%final price
DHIthree days earlier-7.86%final price
DHIfive days earlier-7.36%final price
IEFthree days earlier-0.89%final price
IEFfive days earlier-0.26%final price
JPMthree days earlier+0.17%final price
JPMfive days earlier-0.08%final price
SCHWthree days earlier-3.59%final price
SCHWfive days earlier-4.93%final price
TIPthree days earlier-0.14%final price
TIPfive days earlier+0.43%final price
TLTthree days earlier-1.01%final price
TLTfive days earlier-0.08%final price
WMTthree days earlier-2.27%final price
WMTfive days earlier-3.29%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Stable Labor Market to Keep Fed on Track to Raise Rates Gradually” scores 12 out of 100. The score uses 1 sources.