The FinTech Hub
Source: Live Mint On Wall Street in the week ahead, market participants’ focus will be on the US Federal Reserve’s two day monetary policy meeting starting September 17. The US central bank is widely expected to slash interest rates for the first time since 2020. Following the Fed monetary policy committee’s decision on interest rates,…
Source: Live Mint US stocks were mixed on Thursday after hot Producer Prices Index (PPI) data. US wholesale prices rose by 0.2 per cent in August, putting the index on an annual basis at 1.7 per cent, down from a revised 2.1 per cent. The PPI, excluding food and energy components, rose by 0.3 per…
Source: Live Mint US stock indices were mixed on Wednesday after the latest inflation data. At the opening bell, the Dow Jones Industrial Average fell 98.2 points, or 0.24%, to 40638.76. The S&P 500 fell 0.9 point, or 0.02%, to 5496.42, while the Nasdaq Composite rose 35.5 points, or 0.21%, to 17061.406. Oil prices climbed…
Source: Live Mint US stocks were mixed on Tuesday ahead of key inflation data later this week. The latest data could provide clues on the size of the expected interest rate cut by the Federal Reserve on September 18. As of 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down less than 0.1…
Source: Live Mint The Dow Jones rose 0.52%, the S&P 500 added 0.62%, the Nasdaq rose 0.87% Read Full Article
Source: Live Mint After Friday’s rout on Wall Street due to disappointing jobs data, in the week ahead investors will have three major economic reports to watch closely. A jobs report released by the US Labor Department on Friday showed a continued slowdown in the labor market. Next week, the economic calendar will feature reports…
