On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut. After a report, Google’s…
Browsing: #Fed
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…
Wall Street’s indexes fluctuated amid recession fears and a yen surge, capping off a volatile week in global marketsAll major indexes faced weekly losses, with the…
Wall Street’s indexes rose over 1% Tuesday as investors sought bargains post-selloff, boosted by dovish Federal Reserve comments. All S&P 500 sub-indexes rose, with the real…
Wall Street joined a global stock rout, with Japanese shares surpassing 1987 “Black Monday” losses, amid U.S. recession fears. Nasdaq futures dropped over 4%, and S&P…
Asian stocks hit a two-year low, U.S. yields fell, and the Swiss franc and yen rose after weak U.S. factory data. Japan’s Nikkei faces its worst…
Berkshire Hathaway, led by Warren Buffett, has continued selling Bank of America shares, shedding over $3.8 billion since mid-July. Berkshire sold 19.2 million Bank of America…
Wall Street indexes slumped Thursday; megacap tech, chip stocks, and small-caps faced heavy selling amid renewed U.S. economic slowdown fears. Fresh data revealed an eight-month low…
Major European equity markets fell Thursday after corporate earnings reports, while upcoming U.S. policy easing boosted global bonds. The Federal Reserve kept rates steady but hinted…