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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.
Inflation Data Offer Good News for Stocks. What Could Come Next.
Barrons.com· 4 days agoSome argue that inflation doesn’t need to reach the Fed’s desired target of 2% before the bank...
Stock Market News for May 30, 2024
Zacks via Yahoo Finance· 5 days agoOn Nasdaq, a 2.78-to-1 ratio favored declining issues. Rate Cut and Yields Spike Concerns The CME FedWatch currently assigned a 56% probability ...
A Trump Win Is Seen as a Risk to Fed Independence: Poll
Bloomberg via Yahoo News· 2 days ago(Bloomberg) -- The Federal Reserve will face a significant risk of losing its independence to...
Asia Shares Rally on Hopes for More Rate Cuts This Week
US News & World Report· 2 days agoAsian share markets rose on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing ...
The Zacks Analyst Blog Highlights BRF, Freshpet, Vital Farms, Utz Brands and Ingredion
Zacks via Yahoo Finance· 1 day agoComposite has climbed 7%. However, market participants remained highly concerned regarding the time...
Pound Sterling bounces back against US Dollar after downwardly revised US Q1 GDP
The Forex Market· 5 days agoUK’s high service inflation remains a barrier to the sustainable return of price pressures toward...
Tariffs on China could end up making inflation worse and hurting US economic growth, S&P Global says
Business Insider via Yahoo Finance· 4 days agoAs for China, he plans a 60% rate. Though President Biden's policies are less broad-based,...
US factory activity, construction spending both fall
Reuters via Yahoo Finance· 1 day ago(Reuters) -U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and...
USD/CHF: Swiss Franc Edges Higher as Inflation Holds at 1.4% | Investing.com
Investing.com· 5 hours agoThe Swiss franc is in positive territory on Tuesday. Switzerland’s inflation rate remained unchanged...