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Source: Live Mint Next week on Wall Street will see several economic data including the important consumer prices inflation and Producer Price Index for last month. Investors will also have the minutes of FOMC (Federal Open Market Committee) from the September policy meeting. The economic data in the week ahead could give clues as to…
Source: Live Mint US stocks surged on Friday after a strong labor report eased concerns about a slowdown in the jobs market. The US government data showed employers added 254,000 more jobs to their payrolls in September as compared to 159,000 in August. As of 12:55 pm Eastern time, the S&P 500 was up 0.5…
Source: Live Mint US equity indices were mixed on Monday as investors awaited economic data and comments from Federal Reserve Chair Jerome Powell. Powell is slated to speak later in the day on the economic outlook at the National Association for Business Economics event. In the week ahead, several economic data including jobs report for…
Source: Business Standard Back home, demand is expected to remain strong on the last day of the fiscal second quarter, and after state-run banks turned large buyers in the previous week 2 min read Last Updated : Sep 30 2024 | 9:57 AM IST Indian government bonds are likely to recover marginally on Monday,…
Source: Live Mint Wall Street in the week ahead is expected to be guided by several economic data such as jobs report for September, S&P manufacturing and services PMIs. The employment numbers could impact investors’ views on the Federal Reserve’s next move at its monetary policy meeting on November 6-7. Market participants will also closely…
Source: Live Mint US stocks edged higher on Thursday as Micron’s upbeat forecast revived the frenzy around artificial intelligence. At the opening bell, the Dow Jones Industrial Average rose 198.7 points, or 0.47%, to 42,113.42. The S&P 500 rose 40.0 points, or 0.70%, to 5,762.22, while the Nasdaq Composite rose 245.1 points, or 1.36%, to…
Source: Business Standard US bond yields rose, as traders booked profits after a recent fall, and as yields witnessed a floor. However, the possibility that the Fed could do another outsized rate cut remain intact 2 min read Last Updated : Sep 26 2024 | 10:24 AM IST Indian government bond yields are expected…
Source: Live Mint US stock indices were subdued on Wednesday, as investors were awaiting further data on the state of the economy. The next big economic data due this week will be on personal income and personal spending for August, and PCE (Personal Consumption Expenditures) index for August. As of 9:35 a.m. Eastern time, the…
Source: Live Mint US stock indices edged higher on Tuesday, with commodity shares gaining after China unveiled a bumper stimulus package. China’s central bank on Tuesday announced a broad set of changes to bolster its economy, including a cut in slew of rates. As of 9:35 a.m. Eastern time, the S&P 500 was 0.1 per…
Source: Live Mint US stocks rose on Monday as investors focused on comments from Federal Reserve policymakers and economic data due this week. Fed presidents Raphael Bostic, Neel Kashkari and Austan Goolsbee supported the last week’s rate cut and voiced support for more cuts in the rest of 2024. At 11:44 a.m. the Dow Jones…
