Nasdaq, Inflation and Bank of America
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Trump, Powell and stock
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24/7 Wall St. on MSNStock Market Live July 16: Surprisingly Mild Inflation Report Drives S&P 500 (VOO) HigherOne day after U.S. Bureau of Labor Statistics data showed that the consumer price index (i.e. consumer inflation) accelerated in June, but no more than anticipated, new BLS data on wholesale prices Wednesday showed "no change" in June -- as in no acceleration in inflation.
A trade agreement last month between the U.S. and China slashed tit-for-tat tariffs between the world's two largest economies and triggered a surge in the stock market. Within days, Wall Street firms softened their forecasts of a downturn.
Despite the current market optimism, relying on economic headlines for investment decisions can prove harmful in the long run. You need to do your homework.
Apparel is deflationary, energy is warmer, and the worst ... could be yet to come, the veteran Wall Streeter says.
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
Middle East tensions, the port strike and the Fed's interest-rate outlook puts inflation front and center again for the U.S. stock market this week The U.S. stock market celebrated the start of ...
Asian stock markets began Friday's session with modest gains, as a rally in global equities gained fresh momentum from strong US economic data that helped to ease concerns about a potential slowdown in the American economy.