Market Pulse - Usa
US open: Stocks rally as PPI comes in softer than expected
Wall Street stocks were firmly in the green early on Tuesday as market participants digested another key inflation report.
US PPI for final demand advances 0.2% in October
The Bureau of Labor Statistics' producer price index for final demand rose 0. 2% on a seasonally adjusted basis in October, driven by a 0. 6% advance in prices for final demand goods.
FTX bankruptcy filing details 'severe liquidity crisis'
Embattled cryptocurrency exchange FTX has described a "severe liquidity crisis" in its bankruptcy filing, stating it could have as many as 1. 0m creditors.
Walmart swings to Q3 loss, beats on revenue and adjusted profit
Discount retail giant Walmart swung to a third-quarter loss on Tuesday, although it beat expectations for revenue, adjusted profit and same-store sales, and set a much better full-year outlook than anticipated.
Home Depot posts better-than-expected Q3 sales and profits
US home improvement retailer Home Depot delivered better-than-expected topline growth and earnings for the third quarter.
US pre-open: Futures trade higher ahead of PPI reading
Wall Street futures were in the green ahead of the bell on Tuesday as market participants prepped for the publication of another key inflation report.
US close: Stocks lower following Senate midterm results
Wall Street stocks closed lower on Monday after major indices recorded solid gains last week.