Since the Federal Reserve announced its September rate decision, consumer price growth in the US has accelerated across a wide range of goods and services. This signifies that underlying inflationary pressures are growing stronger. Fed officials will announce another rate …
US stocks advanced higher on Friday, regaining upside momentum and ending their previous slide as investors weighed mixed jobs figures and awaited next week’s inflation data for more clues on when the Federal Reserve would be able to slow down …
US stocks declined lower on Thursday, remaining under pressure and extended their post-Fed slide amid concern that a deeper recession could be possible as the Federal Reserve expected to hold rates at a higher level for longer to tame inflation. …
US stocks tumbled heavily on Wednesday, witnessing fresh downside momentum and surrendered all of their daily gains after the Fed chief Powell said the Fed still has some ways to go in its policy cycle as rates could peak at …
US stocks suffered daily losses on Tuesday, failing to preserve their upside traction and finished lower as the upbeat US data bolstered speculation that Federal Reserve policy could remain aggressively tight despite the threat of a recession. The Fed’s 75 …
US stocks declined lower on Monday, coming under selling pressure and trimming its big October rally as investors awaited Wednesday’s Federal Reserve decision for clues on whether officials will dial back the pace of rate hikes as early as December. …
The US Federal Reserve, Reserve Bank of Australia, and Bank of England have upcoming interest rate decisions scheduled throughout the week. New Zealand and Canada will release their Employment Change data, while the US will release its Non-Farm Employment Change …
US stocks rallied on Friday, regaining upside momentum and ended a turbulent week with a sizable gain as the economic data suggested that the Federal Reserve’s battle against inflation is making progress. Investors have already priced in a 0.75% hike …
U.S. equities were mixed throughout yesterday’s trading. The Dow Jones Industrial Average gained 0.61% to close at 32033.28. The S&P 500 lost 0.61% to close at 3807.3. The tech-heavy Nasdaq Composite plunged 1.63% to close at 10792.68. The Dow Jones …
U.S. equities rose for the third consecutive session. The Dow Jones Industrial Average rose 0.01% to close at 31839.11. The S&P 500 dropped 0.74% to close at 3830.6. The tech-heavy Nasdaq Composite dropped 2.04% to close at 10970.99. The knock-on …
