S&P 500 Snaps 3-Week Losing Streak Ahead Of Powell’s Congress Visit, February Jobs Report Next Week
The SPDR S&P 500 ETF Trust (NYSE: SPY) snapped a three-week losing streak as investors digested the latest interest rate commentary from Federal Reserve officials.
El-Erian Says Fed Risks Tipping Economy Into Recession Every Time It Falls Behind
Allianz chief economic adviser and noted economist Mohamed El-Erian reportedly said every time the central bank falls behind,…
The Jobs Market Remains Strong, Layoffs Aren’t Fully Reflected In Official Data, And The Fed Doesn’t Like It
Unemployment claims dropped for the second week in a row, according to data released Thursday by the Labor…
UBS Expects Retail Inflow Of Around $87B Driving Next Leg Of Chinese Stock Rally: Report
According to UBS Group AG (NYSE: UBS), China's stock market may see an inflow of around 600 billion yuan ($86.8 billion) of excess savings from the nation's households.