-Reuters
May Inflation Data Will Arrive One Day Ahead Of Fed’s Interest Rate Call: How The S&P 500 Could React
The release of the May inflation data on Tuesday morning is eagerly awaited by investors, as it has…
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Trump’s Defiance, Fed Faces Destructive Blame, Tesla’s Growing Autopilot Issues And More: 5 Key Stories From The Weekend
With the first-quarter reporting season and the debt ceiling impasse now in the rearview, all eyes are now on the June meeting of the Federal Open Market Committee, the policy-setting arm of the central bank. The past two days also witnessed a bloodbath in the cryptocurrency market.
Here's a recap of a few major headlines you may have missed over the weekend:
Nasdaq, S&P 500 Futures Recede As Traders Digest Mixed Bank Earnings: All Eyes Now On Producer Inflation Data
U.S. stocks are gearing up for a weaker open on Friday, following a resilient performance on Thursday despite a larger-than-expected increase in December consumer price inflation.
Stocks Fall As Traders Dial Back Rate Cut Bets; Dollar, Treasury Yields Rise: What’s Driving Markets Monday?
Wall Street ends week on negative note as traders revise down expectations on Fed rate cuts. Strong economic data and Fed officials' comments push stocks into red, reducing rate cut expectations for 2024. Treasury yields and dollar strengthen. Small-caps hit hardest.