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Stock impact report

5 Stocks With Recent Dividend Hike for a Stable Portfolio [Yahoo! Finance]

Hancock Whitney Corporation (HWC) 
Last hancock whitney corporation earnings: 4/28 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The broad-market index S&P 500 and the tech-heavy Nasdaq Composite have already posted several all-time highs both intraday and closing basis in the first half of this month. However, we are not out of the woods. On Jun 12, in his post-FOMC meeting statement, Fed Chairman Jerome Powell indicated just one cut of 25 basis points in the Fed fund rate in 2024. This is a significant reduction from three rate cuts for 2024, as hinted in the March FOMC meeting. Consequently, the terminal rate of the benchmark lending rate increased to 5.1% this year instead of 4.6% projected in March. The Fed kept the existing interest rate range of 5.25-5.5% intact, and, the statement regarding inflation was almost the same. The post-meeting statement said, “Inflation has eased over the past year but remains elevated.” The only change is that the new statement mentioned, “In recent months, there has been modest further progress toward the Committee's 2% inflation objective.” The previous statement was Show less Read more
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