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Stock Market News for June 3, 2024
Zacks· 1 day agoU.S. stocks closed mixed on Friday as market participants digested a series of mixed economic data, which led to heightened speculation about interest rate cuts.
Stock Market Today: Stocks slide on inflation concerns; GDP slows, Salesforce plunges
TheStreet via Yahoo Finance· 5 days agoStocks will navigate a series of economic and inflation releases over the coming days amid the worst...
US Consumer Confidence improved, Australia’s inflation picked up
The Forex Market· 1 day agoUS consumer confidence unexpectedly improved in May after deteriorating for three straight months...
With Inflation Dropping, It’s Time for Stocks to Rebound
InvestorPlace· 4 days agoStocks’ red-hot rally hit choppy waters this week, with the S&P 500 dropping ~2% over the past several days. This morning, April’s official Personal Consumption Expenditures (PCE< ...
Inflation remained high in April, a worrying sign for Biden
The Washington Times· 4 days agoThe Commerce Department’s personal consumption expenditures index, released Friday, showed inflation...
Two Measures of Inflation: April 2024 | ETF Trends
ETF Trends· 4 days agoThe BEA’s core Personal Consumption Expenditures (PCE) Price Index for April shows that core inflation continues to be above the Federal Reserve’s 2% long-term target at 2.8% ...
US Dollar: PCE inflation eases USD pressure, traders eye OPEC+ meeting
The Forex Market· 2 days agoThis report provides a comprehensive analysis of the current market fundamentals affecting the US...
New Zealand Dollar gains for second day against US Dollar
The Forex Market· 4 days agoThe market is now focused on the upcoming release of the US Core Personal Consumption Expenditures...
Gold slips on higher dollar, Treasury yields; US PCE data in focus
Reuters via Yahoo Finance· 6 days agoGold prices fell on Wednesday as a stronger dollar, higher bond yields and hawkish comments from a...
Asian Markets Rally On Renewed US Rate Cut Hopes
International Business Times· 1 day agoNews that the personal consumption expenditures (PCE) index slowed month-on-month to its lowest level since December provided a much-needed boost to...