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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...

Market Recap and Economic Highlights of the Week

Market Recap and Economic Highlights of the Week

Global Markets Recap In his speech on Friday at the Jackson Hole Economic Policy Symposium, Fed Chair Powell indicated that inflation has moderated and that it might be time to adjust policy. Wall Street indices closed with gains of over 1%, driven by expectations of...

Weekly Market Recap and Economic Highlights

Weekly Market Recap and Economic Highlights

Global Markets Recap On Friday, Wall Street indices ended the day with slight gains as the preliminary University of Michigan consumer sentiment index for August exceeded expectations. European stocks ended trading this week with strong gains. On a weekly basis, the...

Weekly Market Recap and Economic Highlights

Weekly Market Recap and Economic Highlights

Global Markets Recap On Friday, Wall Street indices closed higher as some Fed members hinted at a potential rate cut soon. European stocks rose on Friday as markets recovered from the recent oversold. On a weekly basis, the STOXX Europe 600, encompassing approximately...

Weekly Market Recap and Economic Highlights

Weekly Market Recap and Economic Highlights

Global Markets Recap On Friday, Wall Street indices closed with sharp declines exceeding 2%, led by technology stocks. This drop was influenced by July's US labor market data, which came in weaker than expected, indicating a more rapid deterioration in the labor...

Weekly Economic Review and Market Insights

Weekly Economic Review and Market Insights

Global Markets Recap Wall Street indices closed the day with gains exceeding 1% on Friday, buoyed by the Fed's June PCE deflator data, which aligned with expectations on a monthly basis. This data, closely watched by the Fed for monthly price trends, kept market hopes...

Weekly Economic Recap and Market Insights

Weekly Economic Recap and Market Insights

Global Markets Recap Following the crash of the Microsoft Windows operating system in several countries, Wall Street indices closed lower last Friday due to fears of decreased investor risk appetite. All three major U.S. stock indexes finished in negative territory,...

Market Trends Update: Weekly Economic Highlights

Market Trends Update: Weekly Economic Highlights

Global Markets Recap Despite the slight rise in the unemployment rate and the slowdown in average hourly earnings, consistent with expectations indicating a cooling labor market, Wall Street indices closed higher. This was driven by growing expectations of interest...

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