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The S&P 500 chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.For the week, the Nasdaq Composite rose more than 2.5%, while the ...
Core CPI is expected to be 0.2%, slightly ahead of June's 0.1% reading. On an annual basis, inflation is expected to show prices rose 3% last month, in-line with June figures.
Investors are awaiting key inflation readings due next week. US stocks edged lower on Friday, a day after stocks experienced their best trading day since November 2022.
The bond market sold off Monday in response, and the 10-year Treasury yield jumped 11 basis points to hover at 4.2% on Tuesday. On Tuesday. That marks the key bond yield's highest level in three ...
Nvidia's earnings and a low-volatility week contributed to the positive market outlook. US stocks jumped on Friday, with the Dow Jones surging 426 points to a record close as investors' risk-on ...
U.S. stock indexes closed their best week in two months with a flourish on Friday. The Dow Jones Industrial Average rose 334 points, or 0.8%, and the Nasdaq composite rallied 1.5%. All the ...
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