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How major US stock indexes fared Wednesday, 5/1/2024
KAAL Austin· 17 hours agoThe S&P 500 fell 0.3% Wednesday after seeing a big afternoon rally evaporate. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite lost 0.3%. On the downside ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 16 hours agoWith 113 companies slated to attend, Macquarie expects the impact of sticky inflation, delayed rate cuts, geopolitical events and AI to be key themes....
Dow Jones Today: S&P 500, Nasdaq Fall Back to Earth After Post-Fed Rally
Investopedia· 17 hours agoU.S. stocks ended mixed Wednesday as an afternoon rally, spurred by Fed Chair Jerome Powell's...
Beating inflation will likely require U.S. unemployment to rise
Morningstar· 20 hours agoIncreases in wealth are overpowering the effect of higher interest rates. In the first quarter of 2024, U.S. GDP grew at an annual rate of 1.6% - almost a percentage point slower than expected ...
Stock market calmed by Fed's interest rate signals ahead of Apple earnings
MacDailyNews· 39 minutes agoWhile Fed chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actually ...
Vestas Swings to Loss as Lower Deliveries Hit Revenue
Morningstar· 7 hours agoThe Danish wind-turbine maker said that its profitability weakened in the first quarter compared with the year earlier-period, which benefited from the sale of its converters and controls business ...
OECD Sees Room for Rate Cuts as Inflation Cools, But Warns of Oil-Price Threat
The Wall Street Journal· 5 hours agoThe global economy is likely to avoid an anticipated slowdown this year, but could yet suffer a...
'Inflation is still a problem': Consumers are spending more and saving less, new federal data shows
WCPO Cincinnati· 2 days agoConsumers are spending more money, but are cutting back on saving, according to new federal data....
Dow Jones Futures Rise As Microsoft, Google Jump; New Market Rally Still Must Do This
Investor's Business Daily· 6 days agoDow Jones futures rose early Friday, along with S&P 500 futures and especially Nasdaq futures....
Opinion | Jerome Powell Isn’t Too Worried About Inflation
The Wall Street Journal· 16 hours agoIf Jerome Powell is worried about accelerating inflation, he sure didn’t show it at his press...