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U.S. Averages Turn Mixed After Wholesale Inflation Accelerates

Mar 14, 2024
Barry Adams
Wholesale inflation accelerated, and the weak bounce in retail sales in February sent mixed signals to policymakers and suggested well-anchored inflation in the U.S. economy.

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U.S. Major Averages Rest, European Markets Hover Near Record Highs, Asian Markets Diverge

Mar 13, 2024
Barry Adams
With inflation cooling around the world, market indexes are struggling to hold near-record highs amid stretched valuations and rate uncertainties. Consumers are facing a sharp jump in housing costs and the cost of living crisis, while central banks are still lagging to contain well-anchored inflation. 

U.S. Averages Rest Near Record Highs, Crude Oil Jumps 2%

Mar 13, 2024
Barry Adams
U.S. major averages traded around recent highs, and the long-term Treasury yield held steady. Crude oil advanced after a report suggested a significant drawdown in U.S. inventories last week.

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U.S. and European Markets Jump 1% After Inflation Worries Eased

Mar 12, 2024
Barry Adams
U.S. consumer price inflation stayed above 3% after housing costs continued to climb at an elevated pace, and a steady decline in food and energy price inflation drove overall German inflation lower in February. Chinese companies expand their stock buyback programs to take advantage of the persistent market slump. 

U.S. Stocks Lack Direction After Inflation Unexpectedly Edge Higher

Mar 12, 2024
Barry Adams
U.S. consumer price inflation unexpectedly rebounded after volatile gasoline prices and stubborn shelter inflation contributed to an over 60% increase in overall inflation.

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U.S. and World Indexes Extend 2-Day Losses but Stay Close to Record Highs

Mar 11, 2024
Barry Adams
World markets receded from record highs, and Treasury yields traded with a downward bias ahead of the release of inflation data later in the week. European markets closed down. Japan's economic growth was revised higher, and bargain hunters returned to Chinese markets.

Traders Look Ahead to Inflation Data Amid Monday Market Jitters

Mar 11, 2024
Barry Adams
U.S. major averages declined in early trading after investors booked profits in high-flying semiconductor stocks linked to artificial intelligence applications.

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Expanding Job Market Sends Mixed Signals to Policymakers, Treasury Yields Edged Lower

Mar 8, 2024
Barry Adams
The U.S. economy added jobs at a faster-than-expected pace in February, sending mixed signals to policymakers. The U.S. Treasury yield edged lower.

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Inflation Views and AI Optimism Lifted S&P 500 and Nasdaq 1%, ECB Held Rates Steady

Mar 7, 2024
Barry Adams
U.S. major averages extended gains powered by semiconductor and tech stocks. The European Central Bank held steady its key lending rates and lowered its views on inflation and economic growth. China's exports rebounded, driving the trade surplus higher during the first two-month period. 

Tech Stocks Power S&P 500 and Nasdaq Gains

Mar 7, 2024
Barry Adams
Benchmark stock indexes advanced, Treasury yields held steady, and crude oil inched higher. The European Central Bank held its key lending rate steady and lowered its economic growth and inflation outlook.

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S&P 500 and Nasdaq Advanced 1%, World Markets Look Beyond Rate Jitters

Mar 6, 2024
Barry Adams
Market indexes in the U.S. and Europe advanced, and investors overlooked ongoing interest rate uncertainties. U.S. job openings held nearly steady in January. In Europe, retail sales barely budged in January, and Germany's trade soared in the month. 

Tech Stocks Halt Two-day Selloff, Powell Reiterates Interest Rate Stance

Mar 6, 2024
Barry Adams
Tech stocks rebounded after falling for two days in a row and private sector payrolls expanded at a faster-than-estimated pace in February.

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World Markets Pause Amid Growing Valuation Worries

Mar 5, 2024
Barry Adams
World markets traded sideways as investors stepped aside on valuation worries compounded by ongoing rate uncertainties. China set an ambitious annual economic growth target and hiked its defense spending amid rising tensions with the U.S. 

U.S. Stocks On Hold Ahead of Two Critical Job Reports

Mar 5, 2024
Barry Adams
Major averages on Wall Street looked down, Treasury yields held firm, and crude oil prices lacked direction ahead of the release of non-farm payrolls and JOLT reports.

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World Markets Trade Near Peaks, Chinese Policymakers Struggle to Adjust to Slower Growth

Mar 4, 2024
Barry Adams
Benchmark indexes in the U.S. and Europe hovered near record highs as expectations of higher earnings growth overshadowed worries of interest rates staying higher for longer. Chinese policymakers' struggle to announce economic reforms may test new lows in Shanghai and Hong Kong.