Market Pulse - Usa
US wholesale inflation slips more than expected in May amid drop in energy
Wholesale prices declined by more than anticipated last month amid a retreat in energy and food prices.
US close: Stocks rise on cooler-than-expected inflation reading
Stock markets on Wall Street wrapped up trading on a strong note on Tuesday, bolstered by cooler-than-expected consumer inflation data that fuelled expectations of the Federal Reserve holding off on interest rate hikes at its imminent meeting.
US open: Modest gains for Wall Street on the back of slower CPI gains
US stocks were trading on the front foot following the release of a slightly better-than-expected reading on inflation.
US close: Stocks rise ahead of inflation reading, Fed decision
Wall Street posted some decent gains by the close on Monday, as all the major indices ended in the green.
US open: Stocks edge up ahead of key inflation reading, Fed meeting
Stocks on Wall Street were heading higher in early trading on Monday as investors eyed a key inflation reading due out during the next session and the latest policy announcement from the Federal Reserve in two days' time.
BofA analysts say S&P 500 'bear market' now dead
Equity analysts at Bank of America Securities sounded a 'bullish' note on the outlook for stocks, declaring the 'bear market' "officially over" and telling clients the new 'bull market' had legs.
US close: Stocks make gains as investors pin hopes on Fed
Wall Street’s primary stock indices concluded the trading day in positive territory on Thursday, with market participants appearing to push aside uncertainties over potential interest rate hikes, as the Federal Reserve's key decision approached next week.
US open: Stocks edge higher, Fed meeting coming into focus
Stocks in the US were heading slightly higher in early trading, even as investors looked ahead to the next rate announcement by the Federal Reserve scheduled for the following week.
Initial US jobless claims jump by 28,000 during latest week
Tightness in the US labour market eased during the preceding week, as filings for jobless claims rose to the highest since October 2021.
US close: Stocks mixed after Canada's rate hike surprise
Wall Street closed in a mixed state on Wednesday, as market indicators reacted to the Bank of Canada's unexpected decision to increase interest rates.
US trade deficit jumps in April
America's shortfall on trade with the rest of the world widened unexpectedly in April.
US open: Stocks edge up with tech shares in focus
Wall Street's main market indices were a tad higher early in the session, helped by gains in technology issues and with the S&P 500 fighting to push break out into a fresh bull market.
US close: Stocks finish slightly higher after middling day
Wall Street stocks closed modestly higher on Tuesday, with little in the way of domestic economic news to sway the markets.
US services PMI picks up in May, S&P Global says
Activity in US services picked up last month as the sector enjoyed a 'mini boom' following the Covid pandemic, the results of a survey showed.
US close: S&P, Nasdaq reach nine-month highs as sentiment surges
Wall Street’s equity markets ended on a high note on Thursday, with both the Nasdaq Composite and the S&P 500 closing at their highest points in more than nine months.
Macy's lowers guidance as consumer demand weakens
Department store giant Macy's lowered its full-year guidance on Thursday, after its first quarter ended with even weaker consumer demand than anticipated.