Read More

US Stocks Bounce; Chipmakers, Cruise Lines Lead, Dollar Falls: What’s Driving Markets Thursday?

On Thursday, Wall Street rebounded into positive territory, following a brief dip experienced on Wednesday. At midday trading New York time, all major stock indices were trading in the green as traders prepared for the final trading week of the year.

AMD

Read More

Thursday’s Economic Digest: Q3 GDP Revised Downward, Jobless Claims Hold Steady, Philly Fed Manufacturing Declines

Thursday morning data showed downwardly revised Q3 economic growth, increased jobless claims, and manufacturing health decline in Philadelphia Federal Reserve district. US futures reacted positively premarket, SPY fell 1.4% on Wednesday.

SPY

Read More

Wall Street Edges Higher, Small Caps Eye Best Month In 3 Years, Bitcoin Rebounds: What’s Driving Markets Wednesday?

Stocks inched higher during midday trading in New York on Wednesday, with the momentum carrying over from the previous day when the tech-heavy Nasdaq 100 achieved fresh record highs.

AON

Read More

5 ETFs To Keep An Eye On As Market Anticipates Fed’s Preferred Inflation Gauge This Friday

The November release of the Personal Consumption Expenditure (PCE) price index stands as the most eagerly anticipated economic event this week. Investors and Fed watchers closely monitor this event, as it provides insights into the future interest rate path.

IWM