The producer price index for August outpaced expectations, surging by 0.7%, exceeding the anticipated 0.4% increase. However, the core producer price index (PPI) is aligned with the projected 0.2%...
The drop in US stocks in recent days as renewed concern swirled on Wall Street over the Fed’s interest rate policy path and whether policymakers will enact another hike this year.
Following a tumultuous August, investors brace themselves for what history deems a stormy September. As the financial landscape continues shifting, a constellation of factors demands investor...
Nvidia gained just 0.1% after its 3.2% rise the prior day. The graphics chip maker at the heart of the artificial intelligence boom reported record sales that doubled from a year ago. Nvidia looked...
August has ushered in market turbulence, with important indices poised for another week of losses, veering into negative territory for the month. The exuberant rally witnessed in the last half of the...
The market has seemingly reached a verdict: July's subdued inflation report has led to an anticipation of the Federal Reserve refraining from further interest rate hikes.
The stock market's once robust momentum has been slowly fading, raising concerns about a possible correction lately. The market’s sentiment is also being affected by a weakening global economy,...
As the Federal Reserve recently raised interest rates as anticipated, investors eagerly await the June data on the personal consumption expenditures price index (PCE), a key inflation indicator...
The Dow tends to beat the Nasdaq index recently, outperforming it by as much as 2.5 percentage points on Thursday, creating the widest gap between the two indexes since February 2022.
The latest producer price index in June showed inflation rose less than anticipated and built on trader optimism from the June consumer price index data, which came out Wednesday. Investors are now...
