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Don't fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Morningstar· 4 days agoBy Jamie Chisholm Critical information for the U.S. trading day Stock index futures early Friday show the S&P 500 SPX may be in line for another decline. In the last two days the Wall Street barometer lost 1.33% amid a batch of poorly
Don't fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Morningstar· 4 days agoStock index futures show the S&P 500 SPX may be in line to break a short losing streak. In the last two days the Wall Street barometer lost 1.33% amid a batch of poorly-received technology sector ...
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...
EUR/USD retraces amid caution ahead of ECB’s policy decision, US data-packed week
The Forex Market· 1 day agoThe ECB is widely anticipated to announce interest rate cuts on Thursday. The US NFP will provide...
The focus is on core PCE showing a cooling
The Forex Market· 6 days agoMinneapolis Fed Kashkari said the Fed has not ruled out additional rate hikes. Okay, which factor drove the dollar higher? Each report features a...
Why are Americans feeling so negative about the economy?
The Hill· 1 day agoAmericans are not feeling good about the state of the economy, and it’s a big problem for President...
Stock Market Retreats As Salesforce, Dell Lead Earnings Losers: Weekly Review
Investor's Business Daily· 4 days agoIncluding modest revisions to Q1 inflation, 12-month core PCE inflation dipped to 2.75%, the lowest...
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< ...
US Consumer Confidence improved, Australia’s inflation picked up
The Forex Market· 22 hours agoUS consumer confidence unexpectedly improved in May after deteriorating for three straight months...
U.S. PCE data today: does S&P 500 have any upside left?
Invezz· 4 days agoU.S. stocks are in focus today after the Bureau of Economic Analysis said the core personal...