The S&P 500 SPX rose this week on a CPI report that was in line with estimates, which analysts believe paves the way for a U.S. Federal Reserve rate cut next week. Regardless, there is support for SPX ...
Inflation , as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
November’s Consumer Price Index (CPI) report arrived yesterday – and it was just what stocks needed to continue rallying.
Futures steadied after Wall Street indexes- particularly the Nasdaq- hit a record high during the session, with technology stocks rallying sharply on the prospect of lower rates in the near term.
This is why it is good that President-elect Donald Trump has now said he would not try to fire Fed Chair Jerome H. Powell.
The S&P 500 (SNPINDEX: ^GSPC) is up 27% in 2024, as of Dec. 9. Barring a catastrophic market crash in the final three weeks ...
Indian stock markets opened flat as consolidation continues; however, with the expiry date today, the markets may face some ...
Traders shift their focus to Europe ahead of the European Central Bank’s last meeting of the year, with economists broadly expecting another rate cut.
Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal ...
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
By Amanda Cooper LONDON (Reuters) -Stocks edged lower on Thursday and the euro was steady ahead of a European Central Bank ...