[ad_1] US stocks declined on Thursday following mixed economic data as UnitedHealth Group dove on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation PCE unexpectedly dropped last month. At 09:42 a.m., the Dow Jones Industrial Average fell 128.62 points, or 0.31%, to…
[ad_1] Wall Street’s key indices opened higher on Wednesday as Donald Trump’s Gulf tour stoked hopes of more trade deals. At the opening bell, the Dow Jones Industrial Average rose 9.7 points, or 0.02%, to 42150.09. The S&P 500 rose 10.2 points, or 0.17%, to 5896.74​, while the Nasdaq Composite rose 64.6 points, or 0.34%,…
[ad_1] NEW YORK (Reuters) – The dollar retreated on Tuesday, giving back some of its sharp gains a day earlier after an inflation reading came in below market expectations. The Labor Department said the consumer price index increased 0.2% last month, below expectations of economists polled by Reuters for a 0.3% gain, after dipping 0.1%…
[ad_1] US equities mostly rose on Tuesday following benign consumer price inflation data. The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March. At 10:48 AMEDT, the Dow Jones Industrial Average fell 0.36%, the S&P 500 gained 0.66%, and the Nasdaq Composite rose 1.30%. At 09:38…
[ad_1] Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. At the opening bell, the Dow Jones Industrial Average rose 649.7 points,…
[ad_1] Wall Street investors in the week ahead will have a plenty of economic data to analyse such as consumer price inflation, retail sales, and Producer Price Index. Besides economic data, the spotlight will also be on the outcome of trade talks between the United States and China, a speech by Federal Reserve chair Jerome…
[ad_1] China talks front and center on bond investors’ radar Trump says 80% tariffs on China imports seem right Fed fund futures lower odds of July easing By Gertrude Chavez-Dreyfuss NEW YORK, – U.S. Treasury yields were flat overall on Friday, with thinner volume than usual and sentiment still uncertain, as investors looked ahead to…
[ad_1] US ISM services sector data shows prices paid at two-year high US yield curve steepens post-ISM services data Treasury’s three-year note sale comes in better than expected Bessent says 17 trading partners have very good proposals (Adds comment, Bessent remarks, results of three-year note auction, graphic; updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, May…
[ad_1] Wall Street stock indices opened higher on Friday on stronger-than-expected jobs data. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02%, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97%, to 5,658.73 and the Nasdaq Composite gained 159.60 points, or 0.87%, to 17,864.97. [ad_2] Source link
[ad_1] (Bloomberg) — The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled to the lowest in nearly four months. Bank reserves fell by about $209 billion to $3 trillion in the week through April 30, according to Fed data released on Thursday. That’s the…
