Market Pulse - Usa
Thursday preview: US data, Fedspeak in focus
The market spotlight on Thursday was expected to continue to be on US and the Federal Reserve.
US tech layoffs running at highest level since 2015, Challenger says
Layoff announcements among US technology firms reached their highest monthly level for seven years following Microsoft's announcement earlier in the day that it would shed 10,000 employees, a top staffing agency said.
Fed's Bullard argues in favour of continuing 'rapid' rate hikes
A top US central bank official argued in favour of hiking interest rates by 50 basis points at its next meeting to ensure that inflation would fall back to the monetary authority's 2. 0% target.
Monthly US retail sales miss forecasts by wide margin
US retail sales softened by much more than expected towards the end of the previous year.
Unexpected weakness in US industrial production as business equipment output falls
Industrial output weakened noticeably at the tail-end of 2022 as production of business equipment fell sharply.
US open: Stocks mixed as traders digest multiple data points
Wall Street trading got off to a mixed start on Wednesday as traders digested some key economic data.
US producer prices undershoot forecasts in December
Wholesale prices undershot market expectations by a wide margin at the end of 2022.
US pre-open: Futures slightly higher ahead of PPI, retail sales
Wall Street futures were trading slightly higher prior to the open on Wednesday as traders look ahead to some key economic data.
US close: Stocks mixed as traders digest more Q4 earnings
Wall Street stocks delivered a mixed performance on Tuesday as market participants digested more corporate earnings.