Recent indicators reveal a marginal increase in the gauge employed by the Federal Reserve to measure inflation in November, bringing it closer to the central bank's target. The core Personal...
Wall Street is anticipating a "Santa Claus Rally" during the final trading days of the year and the first two days of the new year. Historically, the S&P 500 has shown an average gain of 1.3% since...
The prevailing market optimism surrounding potential interest rate cuts in the upcoming year has reached a level that warrants caution.
Investor confidence is on the rise as prospects of additional rate cuts in 2024 emerge, propelling equity indices to record highs and causing Treasury yields to dip.
The recent employment report, surpassing expectations, showcased a resilient economy with a seasonal addition of 199,000 jobs in the past month. This boost, partly attributed to the resolution of...
Investors have been focused on jobs data as initial jobless claims reported on Thursday were 220,000 while continuing claims came in at 1.861 million.
The recent surge in gold prices, reaching an impressive $2,100 per ounce on Monday for the second consecutive day, has become a focal point for investors, hinting at a potential trend that might...
Investors remain optimistic that the Fed has wrapped up its rate-hiking regime and that the economy is on track for a soft landing.
As November draws to a close, Wall Street is set to wrap up the month on a robust note, with stock indices eyeing new highs as the year concludes.
The S&P500 index has climbed 8.7% in November so far, on track for its strongest monthly showing since July 2022. It is up 19% in 2023.
The upcoming Nvidia earnings report is poised to be a pivotal event, drawing the attention of investors eager to assess the sustainability of the November rally as the year approaches its end.
Major US stock indices are poised for their third consecutive week of gains, with the S&P 500 and Nasdaq registering over 2% increases by Thursday's close, and the Dow expected to climb by 1.9%.
Consensus widely expects Fed cuts and solid consumer spending to allow the U.S. economy to glide down for a soft landing. However, Fed Chairman Jerome Powell said Thursday that policymakers are...
Consensus widely expects Fed cuts and solid consumer spending to allow the U.S. economy to glide down for a soft landing. However, Fed Chairman Jerome Powell said Thursday that policymakers are...
The October labour market report, revealing signs of a decelerating labour sector, carries potential to impact the Federal Reserve's stance on monetary policy. The recent data release is amplifying...
In the wake of the Federal Reserve's recent decision to maintain interest rates, the stock market has exhibited significant bullish momentum. This comes as the Fed not only kept rates unchanged but...
The financial world is poised for a pivotal week, with three significant events on the horizon that could have far-reaching implications for investors. The FOMC meeting and the release of the October...
The Nasdaq Composite dropped deeper into correction territory on Thursday after many large tech firms did not quite live up to investors’ expectations.
The investing landscape is gearing up for an eventful week as earnings season unfolds, with a striking 30% of S&P 500 companies poised to unveil their financial results.
The investing landscape is gearing up for an eventful week as earnings season unfolds, with a striking 30% of S&P 500 companies poised to unveil their financial results.
