Tag: Countdown

Futures rise in countdown to key inflation data, Trump Media spikes

(Reuters) – Nasdaq and S&P 500 futures rose on Friday on hopes of inflation moderating in a report closely monitored by the Federal Reserve, while Trump Media & Technology Group’s shares jumped after a weak showing from Joe Biden in a presidential debate. The Commerce Department’s data is expected to show personal consumption expenditures (PCE) […]

Meme rally roars as stocks stay muted in inflation countdown

Wholesale prices rose more than expected in April, according to new data released Tuesday. However, when analyzing revisions to March’s Producer Price Index, Federal Reserve Chair Jerome Powell argued the release was “mixed.” “We had a producer price index reading just a couple of hours ago, and I would say it’s actually quite mixed,” Powell […]

US stocks trapped in inflation countdown as meme rally roars back

Meme stocks soared again on Tuesday, as US equities more broadly stayed muted amid a mixed inflation reading. Investors also awaited a Jerome Powell speech that could shed light on the path of interest rates. The S&P 500 (^GSPC), Dow Jones Industrial Average (^DJI) and the tech-heavy Nasdaq Composite (^IXIC) were all little changed at […]

US futures trapped in inflation countdown as meme rally roars back

Meme stocks soared again on Tuesday, as US equities more broadly stayed muted in the countdown to fresh inflation data and a Jerome Powell speech that could shed light on the path of interest rates. Dow Jones Industrial Average futures (YM=F) were little changed after the blue-chip benchmark broke an eight-day run of gains on […]

Norway’s $1.6T oil fund CEO—who said Americans work harder than Europeans—has a countdown in his office to show how many days he has left on the job

Time is money, or so the saying goes, and the CEO of the world’s largest sovereign wealth fund is making sure every day counts—he’s even got a calendar countdown in his office to prove it. Nicolai Tangen leads Nordic behemoth Norges Bank Investment Management, which governs the revenue earned by Norway’s oil and gas resources, with the […]

Countdown to upcoming solar eclipse continues

EYEWITNESS NEWS (WBRE/WYOU) — We are about 15 hours from the start of one of the most anticipated astronomical events in North America. A solar eclipse will have millions of eyes turning to the sky. Northeastern and central Pennsylvanians are eager to watch, even though we will not quite be in the path of totality. […]