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Stocks are back near record highs, with the S&P 500 finishing Friday at 4,959, its highest close ever. All three major indexes logged gains for the week, surviving a tumultuous week of trading.
On the economic calendar this week, Wednesday will present investors with the busiest schedule as service sector readings from S&P Global and the Institute for Supply Management are due out in the ...
After a quiet week on the economic data front, a key reading of the Fed's preferred inflation gauge is set to greet investors in the week ahead. A second update on economic growth in the first ...
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An economic calendar not only lists daily events, but the volatility levels attached to them. A volatility level refers to the likelihood that a specific event will impact the markets. Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets.
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
US stocks were lower on Monday as investors looked to new economic data due out in the week. Late last week, major indexes nearly erased all of the losses incurred in a sharp three-day sell-off.
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