US stocks declined lower on Thursday, continuing their downside momentum and dropping for a second day as Federal Reserve officials are likely to remain persistent in their fight against inflation and warned of more pain to come. Fed speakers in …
US stocks declined lower on Wednesday, failing to preserve their upside momentum and witnessing selling pressure after strong retail sales data and comments from at least two Federal Reserve speakers recast bets that the central bank’s policy tightening regime is …
US stocks rebounded higher on Tuesday, ending their previous slide and regaining upside momentum as fresh data added to evidence that inflation may have peaked. The Producer Price Index (PPI) for final demand in the US declined to 8% on …
US stocks declined lower on Monday, surrendered their early gains and ended a choppy session lower after two Federal Reserve officials highlighted the central bank’s resolve to be persistent until it brings inflation down meaningfully. Fed Vice Chair Lael Brainard …
US stocks advanced higher on Friday, preserving their upside momentum and extending the rally amid a slowdown in inflation and the upbeat market mood on the last trading day of the week. The risk-on sentiment is mainly supported by the …
The US Federal Reserve will weigh this week’s Retail Sales and PPI data against last week’s lower-than-expected inflation figures as it determines whether to raise its benchmark interest rate by 50bps or 75bps at its December meeting. Here are the …
US stocks rebounded sharply on Thursday, regaining upside momentum and surged in a buy-everything relief rally as market participants rushed to price in a pivot in the US Federal Reserve monetary policy as soon as next December. The US Bureau …
US stocks tumbled heavily on Wednesday, failing to preserve their upside traction and witnessing heavy selling pressure as renewed selling in cryptocurrencies and disappointing earnings weighed on risk sentiment ahead of a key US inflation report. Global equity markets sensed …
US stocks advanced higher on Tuesday, extending their previous rally and rose for the third day as investors awaited midterm election results and monitored the selloff in crypto markets. Bitcoin plummeted to a fresh 2022 low at $18,355 amid the …
US stocks rallied higher on Monday, preserving their upside traction for the second day and extending their previous rally ahead of midterm elections and inflation data later this week. The renewed speculation that the US Federal Reserve will ease the …
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