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Slower U.S. Inflation Indicates Sky High Prices Are Still Rising, Global Markets Trade Sideways

Aug 14, 2024
Alexander Garcia
U.S. consumer price inflation dropped to a three-year low, but prices are still rising faster than the Fed's inflation target rate of 2%, despite multiple interest rate hikes over 2022 and 2023. European industrial output dropped sharply in June. China's new loans plunged amid shifting economic growth drivers. The Japanese yen struggles to find stable ground. 

U.S Movers: Alphabet, Brinker International, Kellanova

Aug 14, 2024
Scott Peters
Kellanova, the snack food division spun off from Kellogg Company, agreed to be acquired by the family-owned Mars Inc. for a total consideration of $36 billion.

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U.S. Benchmark Indexes Flatlined After Inflation Eased to 2.9%

Aug 14, 2024
Barry Adams
Consumer price inflation slowed in July following a decline in wholesale price inflation earlier in the week as investors looked forward to the release of retail sales on Thursday. 

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4-Day Market Rally Gathers Momentum On Wall Street, World Markets Follow

Aug 13, 2024
Alexander Garcia
Wall Street indexes rebounded sharply after a measure of wholesale price inflation showed a weakening trend in July, as investors look forward to the release of consumer price inflation on Wednesday. The Nikkei 225 in Japan soared after the yen drifted lower.

Wall Street Indexes Jumped After Benign Wholesale Inflation Report

Aug 13, 2024
Barry Adams
Stocks advanced on Wall Street after a benign producer price inflation report raised hopes of a weaker consumer price inflation report on Wednesday.

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U.S. and World Markets Remain Unsettled Ahead of Key Economic Reports

Aug 12, 2024
Alexander Garcia
U.S. and world markets struggled to adjust after a week of wild swings amid economic growth worries and rate path uncertainties. This week investors are looking forward to inflation updates in the U.S., a GDP estimate in the Eurozone, and retail sales growth estimate in China.

Stocks On Wall Street Trade Volatile as Investors Yearn for Stability

Aug 12, 2024
Barry Adams
Investors are hoping that inflation and retail sales updates this week will provide additional support for stabilizing markets after wild swings in the previous week.

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Stocks Extend Weekly Gains After Recession Fears Eased On Wall Street

Aug 9, 2024
Barry Adams
After a week of wild swings, benchmark indexes are set to extend weekly gains after fears of an imminent recession eased on Wall Street. 

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Recovery Rally Lifts S&P 500, Russell 2K, Nasdaq Composite 2%

Aug 8, 2024
Alexander Garcia
A broad rally on Wall Street lifted mega-cap to micro-cap stocks as investors shook off economic slowdown worries that sparked a sell-off earlier in the week, and set the stage for a strong rally in Asian markets on Friday. 

Stocks Regain Upward Momentum After Weekly Jobless Claims Report

Aug 8, 2024
Barry Adams
Market indexes on Wall Street jumped more than 1% after weekly jobless claims rose less than expected, soothing fears of deteriorating labor market conditions. 

U.S. and Global Markets Attempt to Claw Back Monday's Losses

Aug 7, 2024
Alexander Garcia
Global markets rebounded for the second day in a row as market sentiment stabilized. The trade surplus of Germany held steady, but that of China expanded amid solid demand for Chinese products. The Japanese yen may face another bout of selling in the near future.

Wall Street Extends Rebound to Second Day Amid Worries of Economic Slowdown

Aug 7, 2024
Barry Adams
Stocks and market indexes rebounded for the second day in a row on Wall Street as investors searched for bargains in the recently beaten-down mega-cap tech stocks.

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U.S. and Global Markets Brace for Volatile Road Ahead

Aug 6, 2024
Alexander Garcia
U.S. and global markets are likely to trade volatile for the next few weeks as investors reassess the U.S. economic growth outlook, labor market conditions, and rising tensions in the Middle East.

Wall Street Attempts to Rebound from Monday's Big Sell-off

Aug 6, 2024
Barry Adams
U.S. major stock averages recovered from previous session's lows, Treasury yield rebounded from over a year low, and the U.S. dollar gained ground against the Japanese yen.

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U.S. Investors Shift Focus to Hard Landing Scenario as World Markets Lower Expectations

Aug 5, 2024
Alexander Garcia
Global markets extended the previous week's losses as investors recalibrated the US economic outlook. U.S. and European markets dropped between 2% and 3%. Japan's Nikkei 225 plunged more than 12%, its second-worst decline since the launch of the index about 74 years ago.