The August nonfarm payrolls report showed only 144,000 new jobs, which has largely confirmed that the Federal Reserve will cut interest rates this month, but it's unclear by how much. Markets had...
The Dow Jones, S&P 500 and Nasdaq all had a losing week, down over 3%, 4% and 6% respectively. Analysts suggest that while a hard economic landing is unlikely, economic growth could slow...
In July, inflation edged up slightly, with the personal consumption expenditures (PCE) price index rising 0.2% monthly and 2.5% annually, matching the forecast. Core PCE, excluding food and energy,...
In August, the S&P 500 rebounded from a rough start and is nearing its all-time high. However, September is historically a weaker month for stocks. Investors await the Federal Reserve's two-day...
The upcoming July personal consumption expenditures (PCE) index could confirm the Fed's progress towards its 2% inflation target. Economists expect a slight increase in PCE, which might shift focus...
Historically, the final week of August has been positive for the S&P 500, with a median gain of around 0.5% since 1953 and 1.1% over the past 10 years. This offers some optimism ahead of September,...
Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium in Wyoming is anticipated to clarify interest rate trends, amid a volatile market recovery. Despite...
In July, US consumer spending exceeded expectations with retail sales increasing by 1%, compared to the forecasted 0.3%. The labour market also showed strength, with initial jobless claims dropping...
The US dollar rose on Thursday after unemployment claims dropped, easing recession fears. Initial jobless claims fell to 233,000 for the week ending August 3, suggesting the labour market is stronger...
Stocks rebounded on Thursday, with positive labour data boosting confidence after a sharp sell-off earlier last week. The S&P 500 rose 2.3%, the Dow gained 1.76% and the Nasdaq increased 2.87%....
