By Johann M Cherian and Sanchayaita Roy (Reuters) -U.S. stock index futures were muted on Tuesday as investors assessed retailer Home Depot’s earnings for insights on the health of the American consumer and awaited a key Federal Reserve conference scheduled later in the week. Consumer spending accounts for around 70% of the total U.S. economy…
The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, underscoring the division within the central bank over the potential impact of President Trump’s tariffs. Central bank policymakers voted to maintain the Fed’s benchmark interest rate in the range of 4.25%-4.5%, as they have throughout…
The S&P 500 (^GSPC) is back at an all-time high for the first time since February as optimism around Federal Reserve interest rate cuts and fading fears of tariffs have driven stocks higher. In the final full trading week of June, the S&P 500 rose 3.5%, while the Nasdaq Composite (^IXIC) rose more than 4.1%….