Xinhua News Agency, New York, February 13. Summary｜Inflation rises more than expected, and the outlook for the Fed to cut interest rates is uncertain Xinhua News Agency reporter Liu Yanan The U.S. consumer price index (CPI) rose more than expected in January, increasing uncertainty about the direction of the Federal Reserve’s monetary policy. Economists predict … Read more
Finance Chinese stock markets closed for Lunar New Year. Eyes turned to US inflation 2′ reading (Il Sole 24 Ore Radiocor) – Start just below parity for the European indices, with Milan starting again from the highest levels since spring 2008 on the day when all eyes will be on the key figure of American … Read more
The Dow Jones index rose nearly 100 points as investors expected the Federal Reserve (Fed) to hold interest rates steady at tonight’s monetary policy meeting, in line with market expectations. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was at 38,562.27 points, plus 94.96 points or 0.25%. However, Nasdaq futures fell nearly … Read more
S&P 500 IndexOn Wednesday (24th), the market opened at a record high, mainly due to the impact of streaming media giant Netflix (NFLX-US), the number of users grew beyond expectations. In addition, Asmore (ASML-US) Strong earnings also helped technology stocks rise. before deadline,Dow Jones Industrial Averagerose nearly 900 points or nearly 0.2%,Nasdaq Composite Indexrose more … Read more
Benefiting from the recent continued rise in U.S. stocks, still strong employment data, and the drop in gasoline prices to relatively lows, the consumer confidence index in January rose to a new high since 2021, far exceeding economists’ expectations, and also reflecting U.S. consumer confidence. Strong, although it once pushed up 10-year U.S. Treasury yieldbut … Read more
– US Department of Commerce Revealing the Price Index for Basic Personal Consumption Expenditures (Core PCE) for December. The PCE Index is considered a measure of inflation that can detect changes in consumer behavior. and covers the prices of goods and services more broadly than the Consumer Price Index (CPI). which reveals US inflation data … Read more
Centered on the optimism about artificial intelligence (AI), chip stocks continued to lead the upward trend. AMD and Meta hit record highs. The main U.S. stock indexes all rose on Friday (19th). The S&P rose more than 1% to close at 4,839.81 points, breaking 2022 The closing record since January this year, setting a new … Read more
The market digested another batch of strong economic data and financial reports. The main U.S. stock index rose sharply on Thursday (19th), with stocks dominated by technology stocks.NasdaqThe index rose 1.35%.S&P 500 Index rose 0.88%,Dow JonesIt closed over 230 points in red, ending three consecutive blacks. The VanEck Semiconductor ETF rose more than 3% to … Read more
U.S. retail sales grew at the strongest pace in three months in December, capping off a strong holiday shopping season and showing that as we head into 2024, the spending power of the American people remains resilient and continues to support economic growth. . However, the market believes that this strong report may delay the … Read more
USANasdaqExchange CEO Adena Friedman warned on Tuesday (16th) that the Federal Reserve should be wary of cutting interest rates prematurely. Friedman told the World Economic Forum in Davos, Switzerland, that while “there are a lot of signals that the Fed should cut interest rates this year, the question is ‘when are they going to do … Read more