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Stock Market News for June 3, 2024
Zacks· 4 days 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.
Asian markets rally on renewed US rate cut hopes
KTBS Shreveport· 5 days agoNews that the personal consumption expenditures (PCE) index slowed month-on-month to its lowest level since December provided a much-needed boost to...
Exploring Economic Indicators: Inflation, GDP, and Consumer Confidence | ETF Trends
ETF Trends· 4 days agoThis article examines three important economic releases from the past week: personal consumption...
The Zacks Analyst Blog Highlights Arko, Edgewell Personal Care and Kimberly-Clark
Zacks via Yahoo Finance· 1 day agoThe Department of Labor reported that the Consumer Price Index (CPI) increased 0.3% month over month...
White House's Jared Bernstein on PCE Data
Bloomberg· 7 days agoHe also talks about whether or not more progress on inflation will require a weaker US consumer, and shares his insights on jobs as the monthly jobs ...
Two Measures of Inflation: April 2024 | ETF Trends
ETF Trends· 7 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% ...
An inflation gauge closely tracked by the Federal Reserve rises at slowest pace this year
Los Angeles Times· 7 days agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that...
In-line April inflation data won't be enough to start rate-cut clock: Macquarie
StreetInsider· 3 days agoHopes of sooner rate cut, however, could be revived if the data show core PCE inflation more consistent with 2.5% inflation, or sequential figures closer to 0.2%, it added ...
Nasdaq Posting Steep Loss But Dow Remains Positive
RTT News· 7 days agoWhile the tech-heavy Nasdaq and the S&P 500 have moved lower over the course of the session, the narrower Dow remains in positive territory in afternoon trading on Friday. Currently, the Dow ...
Zacks Industry Outlook Highlights Royal Caribbean Cruises, Cinemark Holdings and AMC Entertainment...
Zacks via Yahoo Finance· 3 days agoThese are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit...
