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S&P 500 Tops 5,600: ETFs in Focus
Zacks via Yahoo Singapore Finance· 3 days agoOn Jul 10, 2024, U.S. stocks surged to fresh all-time highs thanks to hawkish remarks from Federal Reserve Chair Jerome Powell and the tech rally. The S...
Stock Market News for July 11, 2024
Zacks via Yahoo Singapore Finance· 3 days agoThe S&P 500 surpassed 5,600 for the first time and closed at a record high on Wednesday after Fed Chair Jerome Powell cautioned about the risks involved...
TSX jumps, ends near a 6-week high after soft US inflation data
Reuters via Yahoo News Singapore· 3 days ago(Reuters) -Canada's main stock index closed on Thursday at its highest level in more than a month as...
Your bank is about to reveal key information about the US economy’s health
CNN Business via Yahoo Singapore Finance· 3 days ago“Right now, the Fed is signaling a September cut. I think that’s okay, but if they wait any longer...
Republicans question FDIC nominee but do not stage major opposition
Reuters via Yahoo Singapore Finance· 4 days agoWASHINGTON (Reuters) -Republican Senators questioned the experience of Christy Goldsmith Romero to...
September rate cut incoming: Wall Street reacts to a soft CPI print
Investing.com via Yahoo Singapore Finance· 4 days agoSeveral prominent investment banking advisory firms, including Wells Fargo, ING, and Evercore ISI, indicated that the Federal Reserve is now poised to lower interest rates in September following ...
Morning Bid: CPI caution seems no barrier, sterling surges
Reuters via Yahoo Singapore Finance· 4 days agoIf Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when...
Yardeni lifts S&P 500 price target to 5,800
Investing.com via Yahoo Singapore Finance· 4 days agoYardeni Research has raised its year-end target for the S&P 500 to 5,800 from 5,400, citing an accelerated discounting of their "Roaring 2020s" scenario.
Oil prices rise as cooling US inflation points to rate cuts, hits dollar
Investing.com via Yahoo Singapore Finance· 4 days agoThese figures pointing to a cooling of pricing pressures, adding to the expectation that the Federal Reserve might start a rate-cutting cycle in September. Federal Reserve Chair Jerome ...
US annual inflation slowed to 3.0% in June; monthly release falls 0.1%
Investing.com via Yahoo Singapore Finance· 4 days agoInvesting.com -- U.S. inflation slowed marginally in June on an annual basis, and a gauge of core prices closely watched by the Federal Reserve also slowed, pointing to a cooling of pricing pressures.