Timilehin Adejumobi
Excluding volatile food and energy components, the core PCE price index rose 0.1% in August month-on-month, compared...
US Stocks
The three benchmark indexes, including the Dow (.DJI), were also eyeing their first quarterly declines so far this...
Tesla stock rallied over 5% on Monday after a Morgan Stanley (MS.N) note suggested the automaker's Dojo supercomputer could...
Ironically, weak economic data could be good news for interest rates, as it could give the Federal...
All three major U.S. indexes were solidly green amid light trading at the start what is considered...
Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the...
While bearish positioning was a “strong tailwind” for risk assets in the first half of 2023, that’s...
The slide came after the U.S. Commerce Department reported that U.S. retail sales had increased by 0.7% in July,...
The benchmark S&P 500 hit a 16-month high on Monday, and is less than 5% away from...
The Fed lifted its benchmark overnight interest rate by a widely expected 25 basis points, marking the...
Investors will be paying attention to company outlooks, with earnings for the quarter expected to decline 8.1%,...
The data provided more evidence that inflation pressures were subsiding. Wednesday's CPI report showed U.S. consumer prices...
Investors are looking for further clues on whether price pressures are abating and if the Federal Reserve...
The latest data is expected to show consumer prices cooled on an annual basis in June, which...
Citigroup instead sees potential in "heavily discounted" European stocks, as the bank increased allocation to some cyclicals....
Dow Jones Industrial Average futures fell by 93 points, or 0.3%. S&P 500 and Nasdaq-100 futures dipped 0.3% and 0.4%, respectively.
Traders globally were treading with caution after an aborted revolt by Russian mercenaries raised concerns over the stability of...
Appearing before the Senate Banking Committee, Powell reiterated his view that more rate hikes are likely in the months...
All three major U.S. stock indexes notched their third straight daily declines, with megacap tech- and tech-related...
Traders see a 72% chance of a 25-basis-point rate hike in July, up from around 60% a...
The S&P 500 (.SPX) reversed early gains to trade lower after the U.S. central bank reacted to a stronger-than-expected economy and...
Investors are on the watch for the U.S. Labor Department's consumer price index reading on Tuesday, also...
For months, investors piled into a handful of megacap companies seen as safe bets in uncertain times,...
U.S. inflows from individual traders hit their highest in three months last week, averaging at $1.36 billion...
Microsoft Corp (MSFT.O) slipped marginally in premarket trading, while Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O) inched up after Wednesday's declines.
Inflation data is expected to show consumer prices cooled slightly on a month-over-month basis in May but...
Apple Inc (AAPL.O) shares rose 1.5% to touch an all-time high ahead of its annual software developer conference later...
The Senate passed a bill late on Thursday to lift the government's $31.4 trillion debt ceiling, avoiding a catastrophic,...
U.S. President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Sunday signed off on an agreement...
Investors also await minutes from the Federal Reserve's May 2-3 meeting, due later in the day, to...
Hopes that a deal would be struck sometime over the weekend to raise the $31.4 trillion U.S....
