Econ #s Archives - Page 33 of 61

3 minute read

Stocks Eye Rebound Following 2-Day Slump; Bitcoin, Ethereum Surge Past Trillion-Dollar Combined Market Value

December 6, 9:49 AM

Wall Street is poised for a rebound in Wednesday’s session, with futures on major U.S. indices in the green at 8:00 a.m. New York time, following two consecutive sessions of declines for the S&P 500.

BABA

2 minute read

Stocks, Gold, Bonds Rally Further, Dollars Tumbles As Traders Anticipate Fed Cuts: What’s Driving Markets Friday?

By Piero Cingari

December 1, 3:36 PM

Kicking off the new month, Wall Street continued its strong November momentum, with major U.S. stocks rallying on Friday.

AMBA

2 minute read

Israel-Hamas War, Day 56: Ceasefire Collapses, Fighting Resumes In Gaza After 7-Day Truce

By Piero Cingari

December 1, 10:35 AM

IDF reported ceasefire violation by Hamas; 70 killed, dozens wounded; 137 hostages still held; Israeli Prime Minister's Office accused Hamas; US stocks set for lackluster start.

EIS

3 minute read

S&P 500, Nasdaq Slip As Tech Underperforms, Oil Reacts to OPEC+: What’s Driving Markets Thursday?

By Piero Cingari

November 30, 3:20 PM

Thursday’s trading session on Wall Street presents a mixed picture, characterized by notable fluctuations in major indices. While tech-heavy benchmarks like the S&P 500 and the Nasdaq 100 are experiencing declines, blue-chip stocks and small caps are treading the path of marginal gains.

AMBA

2 minute read

Fed Beige Book Reveals Economic Slowdown Amid Rising Consumer Price Sensitivity

By Piero Cingari

November 29, 4:14 PM

Fed's Beige Book report shows consumers becoming more price sensitive and the economic outlook for the next six to 12 months is diminishing.

DIA

2 minute read

Consumer Confidence Rises More Than Predicted In November, But An Early Recession Signal Flashes

By Piero Cingari

November 28, 11:45 AM

U.S. consumer confidence rebounded in Nov. despite lingering concerns, with generational divides in sentiment & a dip in inflation expectations. Stock & currency markets showed little reaction, with interest rates likely to remain unchanged in Dec. & 4 rate cuts in 2024.

QQQ

2 minute read

Home Prices Surge Nationally, Detroit Leads Major City Gains

By Vandana Singh

November 28, 11:28 AM

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.9% annual change in September, up from a 2.5% change in the previous month.

ITB

2 minute read

Stocks Notch 4th Week Of Gains – Tech Falters As Yields Rise; Gold Steady At $2,000: Friday’s Market Recap

By Piero Cingari

November 24, 2:52 PM

U.S. stocks marked their fourth consecutive week of gains, the longest winning streak since June, in a week marked by thinner trading volumes due to the Thanksgiving and Black Friday holidays.

BBY

2 minute read

US Manufacturing Momentum Slows In November, Services Beat Expectations: Price Pressures Move To Fed’s Target

By Piero Cingari

November 24, 11:22 AM

In Nov 2023 US economic activity had mixed results: manufacturing contracted, services unexpectedly grew, employment contracts & lay-offs increased & input price inflation eased for manufacturers.

SPY

2 minute read

KBRA Releases Q3 2023 U.S. Bank Compendium And 2024 Outlook; Remains Confident That The Vast Majority Of Rated Names Will Perform Adequately In This Uncertain Economic Environment With Their Ratings Unchanged

By Benzinga Newsdesk

November 20, 11:09 AM

KBRA releases its third-quarter 2023 U.S. Bank Compendium and 2024 Outlook, providing the latest view of the U.S. banking industry and analysis of 3Q23 results for U.S. banks with KBRA long-term ratings.KBRA's Outlook

KBE