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Dow Jones Industrial Average backslides on fresh economic fears
Despite a near-term pullback, the Dow Jones is still trading deep into bull country, holding well above the 200-day Exponential Moving Average (EMA) at 38,558. The nearest technical barrier for short ... Read More
Wall Street Set To Rally On Mild Producer Inflation Data As Traders Boost Bets On Bigger Fed Rate Cut: 5 ETFs To Watch Tuesday
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A lower-than-expected producer inflation report sparked bullish sentiment in Tuesday’s premarket trading ... below the forecasted 2.7%. Before the release of the PPI report, investors had ... Read More
Dow Jones Industrial Average churns amid steady Tuesday markets
The Dow Jones index softened on Tuesday after reaching fresh record highs this ... However, the key data print this week will be Friday’s US Personal Consumption Expenditure (PCE) Price Index ... Read More
Inflation cooled in July, reaching lowest level since March 2021
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The fresh inflation reading is the lowest since March ... then that might also be a reason for reaction by us," Powell added. MORE: Trump wants a role in setting interest rates. Read More
What Latest Inflation Data Says About How Much the Fed Will Cut Interest Rates
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Some central bankers as late as Tuesday were still seemingly unsure about rate cuts, calling for more data ... the release of the August jobs report on Sept. 6, as well as several inflation ... Read More
Stock market today: Indexes close mixed before fresh inflation data
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US stocks closed mixed to start the week. Traders struggled to extend a comeback rally after erasing most losses from last week's big rout. New inflation data will arrive on Tuesday with the ... Read More
US inflation reaches its lowest level in more than three years in July
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At a news conference last month, Powell said that cooler inflation data this spring ... On Thursday, the government will release its latest data on retail sales, which are expected to show that ... Read More
CPI report for July is out: What does latest data mean for the US economy?
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Stocks opened mixed in response to the inflation news. The Dow Jones Industrial Average ... Best high-yield savings accounts of 2023 The Federal Reserve has set an inflation target of 2%, based ... Read More
Asian markets slip as traders await US data, Nvidia release
Equity investors stepped cautiously Wednesday ahead of key US data and the release of earnings by tech titan Nvidia that could shine a light on demand for all things artificial intelligence after this ... Read More
Egg prices continue to soar by nearly 20%, new inflation data shows
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The latest data from the Bureau of Labor Statistics showed prices on some household staples rose slightly slower than the overall rate of inflation ... 24/7 coverage of breaking news and live ... Read More
Eggs Are The Villain In July Inflation Data: Grocery Prices Edge Higher As Other Sectors Cool
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For example, data ... 2000 Set For Strongest Session In A Month As US Economy Defies Recession Fears: Small Cap Movers On Thursday U.S. markets soared on Thursday following the release of stronger ... Read More
Stock market today: Indexes close mixed before fresh inflation data
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Copy Link US stocks wavered on Monday ... which was the worst in two years. On Tuesday, investors will digest the first of two inflation data points due out this week. The producer price index ... Read More
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