US Inflation Eases More Than Expected In October, Cements Expectations For End Of Interest Rate Hikes
US inflation rate in Oct 2023 decelerated to 3.2% YOY, below economist expectations.
Nasdaq, S&P 500 Futures Edge Up Ahead Of Key Inflation Data; Analyst Says Week’s Main Street Events Could Awaken Market
US stock futures signal tentativeness as traders look ahead to the October price inflation report, which is expected to show a tamer headline number.
Bitcoin, Ether Move Higher: Bitfinex Advises Prudence Going Forward
As the global economy grapples with fluctuating markets and tightening lending standards, Bitcoin's (CRYPTO: BTC) trajectory offers a unique perspective on the future of
Inflation’s Slow Retreat: October CPI Could Signal Crucial Shift In Economic Landscape
Anticipation builds as October's CPI report is set to reveal a potential decline in inflation, marking a pivotal moment for future economic policy and interest rate decisions.
US Stocks On Track To Start Week Lower As Moody’s Rating Outlook Cut, Inflation Data Dampen Risk Appetite
US stocks look set to start the week on a negative note as caution remains the watchword ahead of the week's key data.
Tech Giants Lead Market Surge As Dow Blue Chips Stall; Microsoft Hits New Highs While Bitcoin Rallies: The Week In The Markets
Wall Street’s tech giants continued to extend their gains in the week following the Federal Reserve's November meeting.
US Stocks Could Wobble As Powell’s Inflation Obsession Intensifies Rate Uncertainty: Will Nasdaq Wipe Off Week’s Gains?
U.S. stocks are priming for a lackluster open on Friday, with the index futures trading on a narrowly mixed note. Interest rate worries have likely perked up, as reflected by the upward move in bond yields. Traders are also left to digest some disappointing earnings reports. Global cues are negative as well.
S&P 500, Nasdaq 100 Snap Longest Winning Streak In Two Years, As Fed’s Powell Chills Markets
After eight consecutive green closes for the S&P 500 and nine for the Nasdaq 100, the US stock market's winning streak ends.
White House Announces 4-Hour Daily Pause For Israel, Netanyahu, IDF Downplay The Move
Israel initiates daily four-hour pauses in the northern Gaza Strip to allow Palestinians to escape ongoing conflict in the coastal enclave.
Powell Closes The F—— Door On Early Rate Cut Hopes: Stocks, Bonds Tumble While Dollar Rallies
Fed Chair Jerome Powell said at an IMF conference that inflation remains above target, and there is a need for continued efforts to bring it back to target.