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(Reuters) -U.S. stock index futures inched higher on Tuesday as investors awaited a clutch of economic reports and clung to hopes of a half-percentage-point rate cut at the Federal Reserve's ...
Weekly jobless claims data on Thursday reinforced the Fed's message of a strong labor market. Claims from last week ticked down 12,000 to 219,000, according to Labor Department data released Thursday.
The economy grew 3% last quarter compared to the initially reported 2.8%. Jobless claims data, meanwhile, were about in-line with the previous week, falling by 2,000 to 231,000.
The Conference Board Leading Economic Index is an American economic leading indicator intended to forecast future economic activity. It is calculated by The Conference Board, a non-governmental organization, which determines the value of the index from the values of ten key variables. These variables have historically turned downward before a ...
US stocks closed firmly in the green on Tuesday as a key inflation report showed prices largely holding steady ahead of the Federal Reserve's final 2023 policy meeting.. The Dow Jones Industrial ...
The NASDAQ spiked during the dot-com bubble in the late 1990s, a result of the large number of technology companies on that index. In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices ...
Stock prices of 500 common stocks — Equity market returns are considered a leading indicator because changes in stock prices reflect investors' expectations for the future of the economy and interest rates.
The Fed will announce its next monetary policy decision on Wednesday. Markets are largely split on whether the central bank will cut rates by 25 basis points to a range of 5% to 5.25% or by 50 ...