The latest reading of the Federal Reserve’s preferred inflation gauge showed prices increased more than expected in February as inflation remained above the Fed’s 2% target. The release comes as investors have been closely watching data releases for signs of how President Trump’s tariff policy is impacting the economy. The “core” Personal Consumption Expenditures (PCE)…
US stock markets (^DJI, ^IXIC, ^GSPC) are experiencing their strongest opening to a presidential term since 1985, as President Donald Trump finishes his first week in the White House. Investors are now looking ahead to key market-moving events in the coming week, including the Personal Consumption Expenditures (PCE) report and the Federal Open Market Committee…
Stocks drifted higher leading into the shortened trading week that includes the Thanksgiving holiday. The Dow Jones Industrial Average (^DJI) gained nearly 2% for the week while the S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) added over 1.5%. In the week ahead, a fresh reading on the Fed’s preferred inflation gauge, the Personal Consumption…
Costco shares are down slightly in premarket trading after disappointing same store sales numbers. … [+] (Photo by Joe Raedle/Getty Images) Getty Images Key Takeaways S&P 500 Hits Its 42nd High, Signaling Broad Market Strength With 80% Stocks Above Moving Averages China’s Stimulus Boosts Stocks, But Concerns Linger About Long-Term Effectiveness Of Government Intervention PCE…
US stock futures pointed toward gains on Friday as investors digested an inflation report seen as crucial to the Federal Reserve’s next decision on interest-rate cuts. S&P 500 futures (ES=F) were up 0.2%, on the heels of ekeing out a third record-high close this week. Dow Jones Industrial Average futures (YM=F) and those on the…