Business

Fed Hike Discussion and Market Analysis

Updated 2026-10-28 20:35 UTC 2 sources Neutral

Treasury Secretary Scott Bessent suggested that another Federal Reserve interest rate hike might not be a mistake. Meanwhile, market analysts discuss the performance of several tech stocks.

Coverage timeline — 3 articles

MarketWatch

U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?

Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity

2026-10-28 20:16 UTC

MarketWatch

ServiceNow’s stock slides as earnings miss clouds a raised AI outlook

Even with an uptick in multi-million-dollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics

2026-10-28 20:22 UTC

CNBC

Bessent says 'not necessarily' a mistake if the Fed hikes again

Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.

2026-10-28 20:32 UTC