Market Pulse - Usa
Americans rein in spending in May, PCE inflation in line
Americans reined in their spending in May even as incomes grew more quickly than expected.
Consumer confidence sees broad-based rise in June, University of Michigan says
Consumer confidence in the US perked up in June amid a broad-based improvement across all demographic groups and price expectations retreated sharply.
Chicago factory PMI edges up in June
Factory activity in the Chicago area continued to shrink in June, the results of a survey showed.
US close: Stocks mixed as Powell maintains hawkishness
Wall Street’s main stock gauges closed a turbulent session in a mixed state on Wednesday, as Federal Reserve chairman Jerome Powell reinforced the likelihood of two more interest rate increases this year.
US close: Stocks higher as Dow breaks six-day losing streak
Wall Street trading took a positive turn by the close on Tuesday with all three major indices in the green, and the Dow ending its six-day losing streak, buoyed by promising economic data.
Walgreens Boots lowers full-year guidance after third quarter results
Walgreens Boots Alliance made significant revisions to its full-year guidance as it released its third-quarter results on Tuesday.
3D Systems sweetens its offer for Stratasys
3D Systems upped its offer to acquire Stratasys on Tuesday, in response to a competing merger proposal from Desktop Metal.
US close: Stocks stumble as Russia news tips sentiment
Wall Street’s major indices concluded Monday’s trading in negative territory, with the Dow registering its sixth straight day of losses.
US close: Stocks mostly higher as investors shrug off Fed concerns
US stock markets saw a mixed but generally positive close on Thursday, largely shaking off earlier jitters.
US close: Stocks fall for third day as Powell warns of further hikes
Wall Street stocks experienced their third consecutive day in the red on Wednesday, after Federal Reserve chair Jerome Powell warned Congress that further rate hikes would be needed this year to combat inflation.
US close: Stocks weaker ahead of Fed chair's testimony
Wall Street's leading indices concluded Tuesday's trading session with losses following a long holiday weekend, as investors kept a cautious stance ahead of Federal Reserve Chairman Jerome Powell's upcoming Congressional testimony.
US housing starts jump past forecasts in May
New home construction easily outpaced economists' forecasts for last month, but some economists were wary.
US homebuilder confidence jumps in June, NAHB says
Homebuilder confidence in the States moved back into positive territory for the first time in 11 months, helped by a dearth of housing inventory and improving supply chain efficiencies.
Fed's Barkin wants to return inflation to target 'relatively quickly'
A top Fed official said that he would be comfortable supporting further rate hikes if incoming data did not show slower demand returning inflation to 2% "relatively quickly".
US consumer confidence picks up in June, inflation expectations drop, University of Michigan says
Consumer confidence in the US improved a bit in June, alongside a big drop in inflation expectations.
US close: Stocks advance after flurry of data
Thursday proved to be a fruitful day for Wall Street, with all of the major stock indices closing in the green, and the S&P 500 and the Nasdaq Composite closed at 14-month highs amidst a flurry of economic data.
US retail sales hold up in May, rise 0.4%
American consumers continued to spend at a steady clip last month.
Weekly US jobless claims remain unchanged, top forecasts
There was a bit more slack than expected in the US jobs market during the latest week.
US close: Stocks mixed as Fed delivers pause with a caution
Wall Street demonstrated a mixed performance on Wednesday, as the US stock market reacted to the Federal Reserve's decision to halt the cycle of interest rate hikes.
Fed skips rate hike, gains time to analyse more data
Rate-setters at the Federal Reserve skipped a rate hike at Wednesday's meeting in order to buy time to gather further information before possibly tightening policy more.