US Consumer Inflation Expectations Hit 2-Year Low, New York Fed Survey Reveals
The Federal Reserve Bank of New York's December 2023 Survey of Consumer Expectations revealed declining inflation expectations and varied economic sentiment.
US Energy Stocks Dive On Crude, Natural Gas Price Slump: Contrarian Analyst Says ‘Own Commodities’ In 2024
U.S. oil and gas sector stocks fell 3%-4% Monday, alongside a 5% drop in oil and 6% in natural gas prices, amid waning demand and increasing production.
Israel-Hamas War Reaches 3-Month Mark: International Efforts Intensify For Resolution As Tensions Escalate
Israel-Hamas Conflict enters 94th day; G7 seeks rapid end to military phase; US Sec. of State Blinken on Middle East tour; Israeli strategy shift; Market Impact
Nasdaq 100 Snaps Longest Negative Streak In 14 Months As Tech Stocks Find Relief On Mixed Data
The Nasdaq 100 ended the first week of 2024 on a positive note, ending a five-session losing streak, despite volatile trading and conflicting economic data.
December Jobs Report: Do Economists See Cooling Signals Or Steady Growth?
Economists' and financial analysts' varied reactions to Bureau of Labor Statistics' December jobs report.
Shaky Start To 2024 For US Stocks, Apple Analyst Downgrades, Strong Labor Market: This Week In The Markets
Wall Street recorded losses this week driven by profit-taking, analyst warnings and geopolitical tensions.
US Stocks Attempt Rebound, Bonds Falter, Regional Banks Rise: What’s Driving Markets Friday?
It's a mixed session at the end of a bearish week on Wall Street, with major U.S. stock averages reacting to conflicting economic data released Friday.
December Jobs Report Topples Expectations: Robust Payroll, Wage Growth Jeopardize Fed’s March Interest Rate Cut
December jobs report showed Non-farm payrolls, unemployment rate, wage growth and hourly earnings all beat expectations, suggesting U.S. labor market is more resilient than anticipated.
Interest Rates Unlikely To Fall Soon: Bond Guru Projects 10-Year Yields Spiking To 5.5% In 2024
Jim Bianco projects 10-year Treasury yield to reach 5.5% in 2024 due to a hawkish Fed approach and resilient economy.
Nasdaq 100 Marks Fifth Consecutive Negative Session In Worst Tech Stock Downturn In Nearly 14 Months
Nasdaq 100 index has just closed its fifth consecutive red session, marking the worst negative streak in almost 14 months, with a total drop of 4.1%.