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,…
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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…
The dollar neared a one-week high Friday, following a sharp drop in U.S. jobless claims, easing recession concerns. China’s yuan rose after stronger-than-expected inflation and a…
Asian stocks fluctuated Thursday, while yen and U.S. bonds tried rebounding, as global investors navigated a volatile market week. Japan’s Nikkei swung from -2.5% to +0.8%,…
Wall Street indexes rose Wednesday, boosted by megacap stocks and Japan’s dovish policy shift after last week’s surprise rate hike. Most tech stocks gained over 2%,…
The stock market volatility spike benefits asset managers offering “buffer” ETFs, which trade upside potential for downside protection. In three years, assets in these products surged…
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…
The U.S. dollar hit a 7-month low, sharply falling against the euro and yen, amid economic data signaling a potential downturn. The dollar index fell 0.7%…
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…