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U.S. Indexes Look Towards Record Highs with High Hopes for Rate Cut In Four Weeks

Aug 19, 2024
Barry Adams
Market indexes edged slightly higher in cautious trading after advancing in two previous weeks in a row. In this light week of earnings and economic news, investors are looking forward to the release of new and existing home sales data. 

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S&P 500 and Nasdaq Approach Record High After Two Weeks of Recovery Rally

Aug 16, 2024
Barry Adams
Benchmark indexes are set to close higher for the week after the recovery rally gathered momentum for the second consecutive week. Building permits, housing starts, and completions declined from the previous month in July.

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Wall Street Rebound Gathers Momentum, Stoking Global Recovery

Aug 15, 2024
Alexander Garcia
Large and small-cap stock indexes jumped on Wall Street and surpassed the August 2 level before the onset of the global market rout that lasted for days.

U.S. Major Averages Jump 1% Following Retail Sales and Jobless Claims Data

Aug 15, 2024
Barry Adams
Retail sales, not adjusted for inflation, rose at the fastest pace since January 2023. Initial weekly jobless claims eased for the second consecutive week after reaching a near-one-year peak in late July. 

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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.