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Morning Bid: Rates Frustration Spoils Markets' Friday Mood
US News & World Report· 1 day agoThe cheer from Wall Street darling Nvidia's strong results didn't last long as fears that interest rates would stay higher for longer once again dampened the AI rally. The ...
BOJ's Ueda Sticks to Economic Recovery View, Keeps Alive Rate Hike Chance
US News & World Report· 2 days agoBank of Japan Governor Kazuo Ueda said on Thursday the economy was on track for a moderate recovery, suggesting a slump in first-quarter gross domestic product (GDP) alone would not keep the ...
Dollar Set for Weekly Gain as Rate Cut Bets Ebb
US News & World Report· 1 day agoOvernight May figures showed U.S. business activity accelerated to the highest level in just over two years and manufacturers reported a surge in prices for a range of inputs, prompting a pullback ...
Morning Bid: Fed Fears Overwhelm AI Theme, Gold Recoils
US News & World Report· 1 day agoIn an extraordinary turnabout in just five months, financial markets now fully price just one quarter-point interest rate cut from the Federal Reserve this year - compared ...
Analysis-Global Oil Markets Weaken as Sluggish Demand Leaves Overhang
US News & World Report· 5 days agoGlobal physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark ...
Morning Bid: Calm Markets Hover Near Highs, Metals Step Back
US News & World Report· 4 days agoPartly due to the absence of top-tier economic news this week, world markets have found a relatively calm plateau with stocks near their latest records - and even fizzing ...
Futures Inch up With Fed Minutes, Nvidia Results on Tap for the Week
US News & World Report· 5 days agoAll the three major indexes marked their fourth straight week of gains on Friday as upbeat corporate earnings and softer-than-expected inflation data supported hopes for interest< ...
Global Stocks Fatigued From Bull Run, but No Correction Expected: Reuters Poll
US News & World Report· 2 days agoThe global equity bull run is showing signs of fatigue, with most major stock indexes not expected to repeat last year's stellar performance, according to a Reuters poll of stock analysts who ...
Target Posts Weak Results as Discretionary Spending Remains Pressured
US News & World Report· 3 days agoWhile inflation has moderated, most Americans remain uncomfortable with food prices and are still actively looking for ways to keep their spending in check. "We remain cautious in our
S&P 500 to End 2024 Around Current Levels After Strong Run: Reuters Poll
US News & World Report· 3 days agoThe Standard & Poor's 500 will end the year near current levels, but strong stock market gains so far in 2024 have some strategists saying the index is at risk of a correction ...
