Key Takeaways Wall Street indices closed higher despite mixed economic data, boosted by positive June personal spending data and a slowdown in inflationary pressures. Nasdaq index rose by 1.90%, S&P 500 index by 0.99%, and Dow Jones index by 0.50%. US dollar index...
Key Takeaways Nasdaq index closed with a 0.22% decrease on Friday. S&P 500 index saw a limited increase of 0.03%. Dow Jones index experienced a slight rise of 0.01%. The US Dollar Index closed at 101.1 with a 1.2% increase last week. Brent crude oil closed at 81.1...
Key Takeaways US stock market performance: Nasdaq and S&P 500 decreased, while Dow Jones The Dollar index (DXY) decreased by 2.3%. Brent crude oil prices increased by 1.8%. US 10-year treasury yield declined by 23 basis points to 3.83%. US 2-year treasury yield...
Key Takeaways Wall Street indexes closed lower on Friday due to expectations of a more hawkish stance from the Federal Reserve on interest rate hikes, despite lower-than-expected nonfarm payrolls data in June. The Nasdaq index declined by 0.13%, the S&P 500 index...
Key Takeaways Remarks by Federal Reserve Chairman Powell indicating a hawkish stance and strong economic data led to a reassessment of expectations towards the Federal Reserve. Federal Reserve Chairman Powell stated that more tightening would be needed in monetary...
Key Takeaways for Investors and Financial Professionals US stock market ended lower due to weak PMI data, indicating a weakening trend in manufacturing and services sectors. San Francisco Fed President expressed the view of two more interest rate hikes this year and...
In the dynamic world of finance, asset managers, portfolio managers, and financial advisors play crucial roles in guiding clients toward their investment objectives. They are experts who assist individuals and organizations in enhancing their wealth over time by...
Key Takeaways for InvestorsUS Market Focus: Federal Reserve Chairman Jerome Powell's testimonies and speeches by other Fed members will provide insights into monetary policy direction. Weekly initial jobless claims data will shed light on the state of the labor...
Key Takeaways for Investors 1. US Stock Market: The week closed with a slight increase in stock market indices, driven by expectations of the Federal Reserve delaying an interest rate hike. 2. Economic Indicators to Watch: Keep an eye on the Federal Reserve's interest...
Key Takeaways for Investors 1. The US stock market experienced gains on Friday, driven by the approval of the debt ceiling bill and expectations of the Fed delaying interest rate hikes in June. 2. May's non-farm payrolls exceeded expectations, indicating strong...