Market Pulse - Usa
PepsiCo lifts guidance after strong second quarter
Drinks and snacks giant PepsiCo reported a solid second-quarter performance on Thursday, topping expectations and leading to an upward revision of its guidance for the second consecutive quarter.
US close: Stocks rise on back of softer-than-expected inflation
Wall Street stocks ended in positive territory on Wednesday, spurred on by the release of a softer-than-anticipated inflation report, easing investor concerns over the cost of living in the United States.
US CPI gains slow further in June
Cost of living increases in the States continued to ebb last month, including at the so-called 'core' level.
US close: Stocks rise ahead of key inflation reading
Wall Street ended Tuesday’s session on a positive note, as investors looked to a forthcoming inflation report and the start of the second-quarter earnings season.
US small business confidence edges up in June, NFIB says
Small businesses in the US grew more confident in June, the results of a closely followed survey revealed.
US close: Stocks start week with a positive finish
Wall Street marked its first positive closing in four sessions on Monday, as market participants turned their eyes to the forthcoming inflation data and girding themselves for earnings season.
US non-farm payrolls rise by 209,000 in June
Tightness in the US jobs market eased during the previous month, as companies took on the fewest workers since December 2020.
US close: Stocks fall on mountain of jobs data
Wall Street closed in negative territory on Thursday, with major indices registering losses in response to stronger-than-expected economic data.
US job openings fall in May, but quits rate moves up
The number of job openings at US companies fell further in May, yet Americans were confident enough to risk switching jobs at an increased pace.
US private sector hiring surges by 497,000 in June, ADP says
Hiring in America's private sector surged last month, the results of a survey showed.
US close: Stocks weaken as investors pore over Fed minutes
Wall Street closed on a softer note on Wednesday as investors reacted to a mixture of disappointing Chinese economic data and the release of the Federal Reserve's latest minutes.
US close: Stocks make gains ahead of 4 July holiday
Wall Street saw a slight uptick in its major stock indices on a short-but-sweet Monday, as markets closed early ahead of the July 4th holiday.
US ISM factory PMI unexpectedly slips further in June
The slowdown in factory sector activity picked up last month, alongside faster declines in prices, the results of a closely followed survey revealed.