By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. As buoyant investors brace for potentially one of the most significant days of the year on Wednesday with U.S. inflation and the Federal Reserve’s policy decision, Asian markets have their own obstacles to hurdle beforehand. Thailand’s central bank sets interest rates, […]
Yahoo Finance’s Julie Hyman and Josh Lipton break down the biggest stories investors should watch for on Wednesday, June 12. The Federal Reserve will announce its latest interest rate decision as well as release an updated dot plot. Fed Chair Jerome Powell will hold a news conference at 2:30 p.m. ET to give an update […]
(Reuters) – U.S. stock index futures edged lower on Tuesday, set for a muted session as investors looked ahead to crucial inflation data and a policy announcement from the Federal Reserve on Wednesday. The S&P 500 and the Nasdaq posted record closing highs on Monday in a choppy session, boosted by shares of Nvidia after […]
(Bloomberg) — Wall Street’s most prominent trading desks from JPMorgan Chase & Co. to Citigroup Inc. are urging investors prepare for a stock market jolt this week after the latest inflation print and the Federal Reserve’s interest-rate decision, both of which arrive on Wednesday. Most Read from Bloomberg The options market is betting the S&P […]
(Bloomberg) — China-related equities were poised for further gains on Tuesday, while other Asian stocks look muted ahead of a swath of global inflation prints expected to influence monetary policy. Most Read from Bloomberg Equity futures point to Hong Kong’s benchmark gaining more than 1% and Shanghai stocks also rising. Japan and Australian bourses are […]
Futures for the Dow Jones Industrial Average and other major indexes rose Wednesday, as investors reacted to a mild inflation report that offers further guidance on interest rates. Meanwhile, meme stocks GameStop (GME) and AMC Entertainment (AMC) cooled off on the stock market today after two straight sessions of massive gains. X In premarket action, […]
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline. After inflation picked up notably early this year, the report revealed more progress in the battle to tame prices, with an underlying inflation measure reaching a three-year low. Still, it may not be enough to convince […]
WASHINGTON (Reuters) – U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The consumer price index rose 0.3% last month after advancing 0.4% in March and February, the […]
Dow Jones futures were little changed Wednesday morning, along with S&P 500 futures and Nasdaq futures. The April CPI inflation report and retail sales are due before Wednesday’s open. Nu Holding (NU), MakeMyTrip (MMYT) and Monday.com (MNDY) were earnings movers. X The stock market rally saw modest to solid gains Tuesday, gaining steam in the […]
A look at the day ahead in U.S. and global markets from Mike Dolan Markets seem to have got bored waiting for today’s big U.S. inflation print and stocks zoomed to new records in advance, taking slivers of comfort from Tuesday’s producer price readout and a relatively relaxed Federal Reserve chairman. A late rally on […]
A look at the day ahead in European and global markets from Ankur Banerjee European bourses are poised to keep the rally going ahead of the always important U.S. CPI data after comments from Fed Chair Jerome Powell reassured investors that the next move from the U.S. central bank was unlikely to be a hike. […]
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) – The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured investors while they digested Tuesday’s data and waited for Wednesday’s crucial consumer inflation report. U.S. producer prices increased more than expected […]