U.S. Budget Deficit Widened in First Four Months of Fiscal 2023
U.S. stock futures were muted as investors awaited inflation data due later this week.
February 13, 2023
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Stocks
According to yesterday’s data, U.S. Retail sales rose 3% in January, easily topping the 1.9% Dow Jones estimate, the Commerce Department reported Wednesday.
February 16, 2023
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U.S. Treasury Yield Curve Remains Inverted Despite Glimpses of Hope
U.S. stock futures fell ahead of another busy week of gains and speeches – first and foremost, from Federal Reserve Chairman Jerome Powell
February 6, 2023
2595
Global Markets Cheered Fed’s Hint at Slowing Down Rate Hike Pace
U.S. equities stormed back from deep losses triggered by the Fed's rate hike decision after Chairman Jerome Powell said the central bank’s efforts to control inflation are “working as expected”.
February 2, 2023
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Investors Anticipating Fed’s Two-Day Meeting’s Refreshing Rhetoric
Wall Street is coming off a week of rebound as the stock market's January recovery continued.
January 30, 2023
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U.S. Economy Grew Roughy in Line with Expectations, Well Down from 3.2 Percent in Q3 2022
We’re closer to the climax of the earnings season, so investors are getting more and more data to chew over every day.
January 26, 2023
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U.S. GDP Grew by 3.2 Percent on Annualized Basis
Dow Jones futures fell this European afternoon, along with S&P 500 futures and Nasdaq futures.
December 22, 2022
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Global Markets Fretted Over Fed’s Plans to Keep Hikes Throughout 2023 albeit at Lower Pace
Major averages hit their lows of the session after Federal Reserve Chairman Jerome Powell signaled more data was needed before the central bank would meaningfully change its view of inflation.
December 15, 2022
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Investors Got What They Wanted: Fed Finally Promised to Curb the Pace of Rate Hikes
The stock market closed out November on a decidedly upbeat note.
December 1, 2022
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China’s Reported First Daily Covid-19 Cases Decrease Helping Markets Get Back on Track
U.S. stocks recorded sharp losses yesterday as investors became alarmed that China's strict Covid-19 policies would negatively impact global economic growth.
November 29, 2022
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