Wall Street: Zinsen rauf, Aktienkurse auch? Heute entscheidet die Fed

The recent increase in interest rates has sent Wall Street into a frenzy, but the Fed's future course remains unclear. After six losing days over seven trading sessions, the market is showing a slight recovery. The Nasdaq Futures are up about 0.5 percent, while the S&P Futures have gained roughly 0.2 percent. Analysts are expecting a 0.25 percentage point hike to 3.75 to 4.00 percent for today's Fed decision.

Crucial factors include the latest interest rate projections and remarks from Kevin Warsh. JPMorgan's Market-Intelligence team views two rate hikes in September and December as more likely than three, assuming a deal in the Middle East lowers oil prices before the end of the year. A rate increase without clear future steps, the team believes, could still lead to an S&P 500 gain of 0.25 to 0.75 percent.

However, the cost pressures remain significant: Brent oil is priced at just over $108, and 10-year US Treasury bonds yield around five percent. The impact of these burdens on corporate profits is evident in J.B. Hunt, which expects five to ten percent lower earnings in the third quarter compared to the previous one, due to higher transportation costs and delayed fuel surcharges.

In the tech sector, talks between Intel and SK Hynix about possible memory chip production in Ohio are drawing attention. SK Hynix, however, stresses that no concrete plans or agreements have been finalized yet. The hope is for higher benchmark rates but no prospect of a prolonged rate hike cycle.