In the closing week of February, traders are poised to sustain the momentum of the AI-driven surge in the market, despite looming economic apprehensions and the imminent release of the Fed’s favoured...
Where markets go next may well depend on how Nvidia does after going forward. The S&P 500 rallied to a fresh record Thursday after Nvidia, which has helped lift the broader markets for the better...
The Fed meeting minutes are also set to come out this Wednesday, an event that’s likely to take on greater significance after this week’s January consumer price and producer price reports showed the...
The January US consumer price index (CPI) report, which was released recently, has sparked significant concern among investors, primarily due to the core inflation reading. This data, which excludes...
Traders will keep a close eye on the release of the consumer price index this week, a pivotal measure of inflation. Additionally, significant economic indicators are anticipated later in the week,...
The beginning of 2024 has witnessed a remarkable surge in equities, propelled by robust earnings reports and encouraging economic data. The S&P 500 index, a key benchmark for the U.S. stock market,...
The recent surge in stock markets faced a temporary setback as Federal Reserve Chair Jerome Powell dismissed the notion of a rate cut in March. In a subsequent interview on "60 Minutes," Powell shed...
Wall Street is coming off a poor session after the Fed’s meeting. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. The S&P 500 slid 1.6% in its worst...
The current state of inflation has reached a level where Fed policymakers are contemplating the possibility of reducing interest rates. However, the timing of such a decision is likely to hinge on...
The robust growth of the U.S. economy in the fourth quarter, exceeding expectations with a 3.3% expansion compared to the anticipated 2%, highlights a noteworthy resilience despite ongoing interest...
