The major index futures are indicating a modestly lower opening on Friday, suggesting that stocks may retrace some of the gains achieved in the prior session. Profit taking could lead to early weakness on Wall Street after yesterday’s rally, which Read More …
Preliminary results from a monthly survey indicate that American consumers are feeling pessimistic about the economy. The index measuring consumer sentiment dropped unexpectedly this month to 55.4 from 58.2 in August, reflecting rising inflation and deteriorating job prospects. September’s reading Read More …
The major index futures are indicating a nearly unchanged opening on Thursday, suggesting that stocks may exhibit minimal movement as traders process the most recent U.S. economic data. The futures indicated a modestly higher opening for the markets; however, they Read More …
The rising cost of living for Americans coincides with a job market that seems increasingly unstable, presenting a complex economic challenge that may prove difficult to address. Consumer prices increased by 0.4% in August, pushing the annual inflation rate to Read More …
Larry Ellison momentarily held the title of the world’s richest individual on Wednesday, concluding the day just $1 billion behind the top spot. The uber-billionaire is still on the verge of becoming the world’s richest person, increasing his net worth Read More …
The main index futures are now indicating that Wednesday will begin higher, with equities probably continuing the upward trend from the previous session. The futures rose after the report revealed an unexpected slight decline in producer prices in the U.S. Read More …
The major U.S. index futures are indicating a mostly unchanged start on Tuesday, with stocks expected to exhibit minimal movement following a moderately higher close in the previous session. Market participants might hesitate to take substantial actions before the upcoming Read More …
After months of observing a sluggish housing market, potential buyers may finally have a reason to engage: Borrowing rates are declining. The 30-year fixed mortgage rate averaged 6.35%, a decrease from 6.50% the previous week, as per reports. The decline Read More …
The major U.S. index futures are indicating a slightly higher start on Monday, with stocks expected to trend upward after finishing the last session significantly above their lowest points, although still predominantly lower. Positive sentiment regarding the future of interest Read More …
Stocks are setting repeated highs, reigniting a perennial debate among investors about whether they are too expensive. The S&P 500 has climbed 5.4% to start 2024 and closed above 5000 for the first time Friday, its 10th record of the Read More …