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All major US indices advanced to fresh intraday ATH yesterday; the S&P 500 and Nasdaq 100 traded in uncharted territory, while the Dow Jones Industrial index hit the 40’000 mark for the...
The main stock market indices hit new record highs yesterday, buoyed by improved sentiment after a lower-than-expected Consumer Price Index release. The S&P 500 index gained 1.17%, closing above...
The highly anticipated April CPI report comes out on Wednesday morning with the S&P 500 trading just below its all-time high. Headline annual inflation is seen rising 3.4% and core CPI is forecast...
Friday’s trading session didn’t change that much, with the S&P 500 index gaining 0.16% and slightly extending its recent advances. The market reached a new local high of 5,239.66 and...
Stocks closed flattish on Friday after a weaker-than-expected University of Michigan report showed that consumer confidence plunged and inflation expectations rose.The report caused a rather sharp...
CPI inflation, retail sales, producer prices, and retailer earnings will be in focus this week. Walmart is a buy with upbeat Q1 profit and sales growth expected. Deere is a sell amid shrinking EPS,...
Investors are gearing up for what is expected to be an eventful week ahead. CPI inflation and retail sales data will be in focus. In addition, Home Depot and Walmart report quarterly earnings. Looking...
US index futures edged lower ahead of the open as investors book profit. Fed officials are hinting at high rates for longer, but the lack of bad news has limited the downside. Meanwhile, the Nasdaq...
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq 100 indices are...
Rising rate cut hopes are fueling rallies in major indexes. Nasdaq 100 has broken above a key resistance. Meanwhile, S&P 500 is looking to break above a critical barrier. In 2024, invest like the...
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