S&P Global Manufacturing PMI dips further, misses forecasts
The latest data on the S&P Global U.S. Manufacturing Purchasing Managers' Index (PMI) reveals a continued contraction in the sector. The PMI, a key indicator of economic health,...
The latest data on the S&P Global U.S. Manufacturing Purchasing Managers' Index (PMI) reveals a continued contraction in the sector. The PMI, a key indicator of economic health,...
The stock market was calm to start the week, but a wave of speeches from Federal Reserve officials and some key economic data loom. The Nasdaq Composite rose 0.3%. Market participants will want to see signs of resilience.
-- Japanese consumer price index inflation rose as expected in August amid a sustained pick-up in consumption on higher wages, with the reading coming just before a...
Yesterday was a big day, folks. The Federal Reserve concluded its Federal Open Market Committee (FOMC) meeting for September, announcing its long-awaited decision on key interest rates. If you haven’t seen the news yet, I won’t keep you in suspense. The Fed cut rates by 0.5%, and it was the first rate cut we’ve had since March 2022. Now, leading up to this meeting, the pressures have been mounting for a rate cut. The reality is that inflation is cooling (which we covered in last Thursday’s Marke
Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key level.
“There still are opportunities here,” Erik Aarts at Touchstone Investments said.
The U.S. housing market took a slight hit as Existing Home Sales, a key indicator of the overall economic strength, fell below the forecasted number. The latest data shows that the...
The number of individuals filing for unemployment insurance for the first time, known as Initial Jobless Claims, has seen a significant drop, according to the latest economic...
The number of Americans filing for first-time unemployment benefits rose by less than anticipated last week, suggesting that the US labor market remains reasonably...
With yields on cash poised to fall, consider owning short-term bonds and funds that cover the broad U.S. stock market.