An important inflation gauge for the Federal Reserve showed a slight easing in June. The personal consumption expenditures (PCE) price index rose 0.1% for the month and 2.5% year-over-year, matching...
Asia-Pacific markets rebounded on Friday after Thursday's sell-off. Tokyo's July inflation data showed a slight slowdown, and the yen strengthened against the dollar. The Nikkei 225 was nearly flat...
The dollar remained steady and was set to break a two-week losing streak on Friday, driven by US labour and manufacturing data. Jobless claims rose more than expected last week, but the labour market...
Futures moved after a broad decline in stocks during Thursday's trading hours. The Dow dropped over 500 points, ending a six-day winning streak, while the S&P 500 and Nasdaq Composite fell by 0.78%...
The producer price index (PPI) rose by 0.2% in June, exceeding expectations of a 0.1% increase. The increase was driven by higher service prices, which offset a decline in goods prices. Despite this...
The S&P 500 and Nasdaq Composite fell from record highs as investors shifted away from Big Tech stocks like Nvidia and Meta Platforms. This decline follows the lowest consumer price index in over...
The US economy added 206,000 jobs in June, surpassing the 200,000 forecast but less than May's revised gain of 218,000. The unemployment rate unexpectedly rose to 4.1%, the highest since October...
The Nasdaq Composite and S&P 500 are up more than 2.5% and 1% respectively, reaching all-time highs this week. The Dow has increased by 0.5%. Recent economic indicators, such as higher weekly jobless...
The US dollar eased slightly on Friday after data showed inflation subsided, reinforcing expectations that the Federal Reserve will cut interest rates this year. The personal consumption expenditures...
The S&P 500 posted a small gain as investors anticipated key inflation data, hoping for indications of a potential Federal Reserve interest rate cut. The Dow Jones Industrial Average rose by 36...
