Market sentiment hinges on the Fed’s economic outlook and potential rate cuts, with a 25bps reduction expected. Investors are ...
The S&P 500 will get stuck around 5,800 for the rest of the year as rate cuts disappoint and concerns about US debt levels ...
The FOMC is expected to cut the Fed funds rate by 25 basis points, a move heavily anticipated by the market. See if election ...
In oil markets, U.S. crude rose to $71.76 a barrel, while Brent crude climbed to $75.39, reflecting production delays announced by major oil producers, including Saudi Arabia. The dollar rose to ...
The consumer has been a key source of strength, as people continue spending despite the Fed engaging in its most aggressive ...
"GOOGL is our top large-cap stock pick for 2024, owing to a strong macro backdrop, falling interest rates, record political ...
Meanwhile, non-energy services, which account for 61.3% of the CPI, were up 4.7% — shelter rose 4.9% and other non-energy services advanced 4.3%, for example.
Amazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets ...
U.S. stocks are rising as gains for Big Tech make up for slides in oil-and-gas stocks after the price of crude tumbled ...
Both benchmarks had registered gains of over 2% on Monday after the Organization of the Petroleum Exporting Countries and its ...
Federal Reserve Governor Adriana Kugler, the newest of the U.S. central bank's seven board members, has run afoul of new ...