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Market and Economic Roundup: Weekly Highlights

Market and Economic Roundup: Weekly Highlights

Global Markets Recap Wall Street indices ended Friday with slight losses after equities surged to record highs following the Fed's substantial rate cut earlier in the week: Nasdaq Composite Index went down by 0.4%, closing at 17,948.32, up 1.5% for the week. NYSE...

Market and Economic Roundup: Weekly Highlights

Market and Economic Roundup: Weekly Highlights

Global Markets Recap U.S. stock indices closed higher on Friday after the University of Michigan’s consumer sentiment index for September rose above expectations, reaching its highest level since May. Consumer short-term inflation expectations also declined,...

Market and Economic Roundup: Weekly Highlights

Market and Economic Roundup: Weekly Highlights

Global Markets Recap Wall Street ended sharply lower on Friday with tech stocks leading the decline as weaker-than-expected August non-farm payrolls and downward revisions for the previous two months signaled a cooling labor market. Investors are now focusing on...

Market Recap and Economic Highlights of the Week

Market Recap and Economic Highlights of the Week

Global Markets Recap Last Friday, Wall Street indices closed higher mainly due to economic data that supported expectations of a soft landing for the U.S. economy. The Fed's preferred inflation measures, the headline and core PCE deflator for July, came in as...

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