Market Pulse - Usa
Record number of fund managers now expect slower growth globally, BofA says
A record proportion of fund managers globally now expect slower economic growth over the next 12 months, especially in Europe, although their expectations for China's economy brightened, the results of a closely-followed survey revealed.
US close: Stocks lower as CPI reading continues to weigh on sentiment
Wall Street stocks closed sharply lower on Monday as last month's hotter-than-expected CPI reading and expectations of a Federal Reserve rate hike later in the week remained in focus.
Treasury market under selling pressure as traders mull need for 75 bp Fed rate hike
A wave of selling swept across government debt markets as economists and traders began to openly ponder the very real possibility that the US central bank's next move on interest rates, next 15 June, should be a 75 basis point hike and not 50bp.
US open: Stocks sharply lower as CPI reading remains in focus
Wall Street stocks were firmly in the red early on Monday as last month's hotter-than-expected CPI reading and expectations of a Federal Reserve rate hike later in the week remained in focus.
US pre-open: Futures sharply following CPI reading
Wall Street futures were firmly in the red ahead of the bell on Monday as last month's hotter-than-expected CPI reading and expectations of a Federal Reserve rate hike later in the week remained in focus.
US close: Stocks sharply lower following inflation reading
Wall Street stocks closed sharply lower on Friday as market participants digested some hotter-than-expected inflation data.
US consumer confidence hits 40-year low in May, U.Michigan says
A key gauge of consumer confidence hit a more than 40-year low in early June, led by a deteriorating outlook for business conditions one-year ahead.
US open: Stocks sharply lower following hotter-than-expected inflation report
Wall Street stocks were firmly in the red early on Friday as market participants digested some hotter-than-expected inflation data.
US CPI rises past forecasts in May, back at 40-year high
The cost-of-living in the US rose more quickly than expected last month amid broad-based gains by categories.
US pre-open: Futures mostly lower ahead of CPI reading
Wall Street futures were pointing to a mixed open ahead of the bell on Friday ahead of some hotly-anticipated inflation data scheduled for release later in the day.
US close: Stocks sharply lower ahead of inflation reading
Wall Street stocks were sharply in the red at the close of trading on Thursday ahead of tomorrow's hotly-anticipated inflation reading.
US open: Stocks trade lower following jobless data
Wall Street stocks were in the red early on Thursday as major looked set to extend the previous session's losses.
US initial jobless claims jump by more than expected during latest week
Jobless claims in the US rose by more than expected during the latest week, although the Memorial Day holiday may have been partially to blame.
US pre-open: Futures in the green following Wednesday's losses
Wall Street stocks were in the green ahead of the bell on Thursday as major indices looked set to bounce back from the previous session's losses.
US close: Dow Jones reverses previous session's gains
Wall Street stocks closed lower on Wednesday after two straight positive sessions for major indices.
US open: Dow Jones heads south at the bell
Wall Street stocks were in the red early on Wednesday after two straight positive sessions for major indices.
US pre-open: Futures in the red following two days of gains
Wall Street futures were in the red ahead of the bell on Wednesday after two straight positive sessions for major indices.
US close: Stocks firmer despite inflation concerns, Target warning
US stocks managed a positive finish on Tuesday, as investors shrugged off concerns about surging inflation and economic growth, as well as a cut in quarterly margin forecast by retailer Target.
Wednesday preview: Reserve Bank of India, Wizz Air Holdings in focus
The market spotlight in the middle of the week may fall on the Reserve bank of India as rate-setters in New Delhi meet to decide on policy.
US foreign trade deficit collapses in April as exports jump
America's shortfall on trade with the rest of the world registered an outsized drop in April and some economists believed that it was set to stop being a drag on economic growth over the remainder of 2022.