Fed

1. The Nasdaq 100 has now fallen 10% from its October high, putting it on the edge of correction territory
   The slide comes as disappointing tech earnings push the cost of insuring Big Tech debt to record highs, and three Fed officials called for more rate hikes today.
   1d ago · Markets
2. Brent crude settled at $117.64 a barrel, up $2.76 or 2.4%
   Brent crude settled at $117.64 a barrel, up $2.76 or 2.4%, while the Nasdaq 100 tracker QQQ sank 4.3% on the day.
   1d ago · Markets
3. Dallas Fed President Lorie Logan says the Fed needs at least two more quarter-point rate hikes
   Dallas Fed President Lorie Logan says the Fed needs at least two more quarter-point rate hikes, the third Fed official today after Barkin and Musalem to lean toward tightening, on a day tech stocks are already sliding.
   1d ago · Fed
4. Richmond Fed President Tom Barkin says the SI investment surge is straining supply chains
   Richmond Fed President Tom Barkin says the SI investment surge is straining supply chains and driving demand-side inflation, the kind the Fed can lean against.
   1d ago · Fed