European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.8% by 2:24 p.m. in London, after rallying by the most in five weeks on Wednesday as […]
inflation
The S&P 500 topped 5,400 for the first time, with Wednesday marking the 20-month anniversary of the bull-market. A rally in Treasuries sent two-year yields down as much as 17 basis points as the US dollar dropped against all of its developed-world peers. Fed swaps now fully price in quarter-point […]
European stocks rose to a session high after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections. The Stoxx Europe 600 Index jumped 1.0% at 1:46 p.m. in London. Rate-sensitive real […]
US stocks declined on Tuesday as investors await crucial inflation data and the Federal Reserve’s policy decision. The consumer price index (CPI) report for May and the conclusion of the Fed’s two-day policy meeting will be announced on Wednesday. As of 10:01 a.m. Eastern, the Dow Jones Industrial Average fell […]
The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s June monetary policy decisions along with consumer inflation data and economic projections. The US central bank is widely expected to hold interest rates steady. Stronger-than-expected jobs data for May released on Friday has fuelled […]
Indian stock market will be guided by both global and domestic factors including the US Federal Reserve interest rate decision, India’s inflation data, and policy decisions of the BJP-led coalition government in the week ahead. On June 12, the Federal Reserve will release US core and consumer price inflation figures, […]
US stock indices were mixed after opening higher on Wednesday amid hopes for an earlier-than-expected cut in interest rates by the Federal Reserve. At 12:20 p.m. ET, the Dow Jones Industrial Average was down 4.89 points, or 0.01 per cent, at 38,706.40, the S&P 500 was up 35.69 points, or […]
US stock indices gained on Monday, lifted by chip and megacap stocks. At the opening bell, the Dow Jones Industrial Average rose 23.67 points, or 0.06%, to 38,709.99. The S&P 500 was higher by 19.64 points, or 0.37%, at 5,297.15, while the Nasdaq Composite gained 130.69 points, or 0.78%, to […]
On Wall Street in the week ahead, spotlight will be on the jobs data for May, among other economic reports. The jobs data holds significance as it will be the last economic report before the Federal Reserve’s upcoming monetary policy meet on June 11-12. Investors are hoping for a interest […]
US stocks slid on Thursday after the revised data showed the US economy grew less than previously expected in the first quarter. US gross domestic product (GDP) growth for the first quarter was lowered to 1.3 per cent from previous estimate of 1.6 per cent. At 12:04 p.m. the Dow […]