Page 12 - Pce News Today

This past November will surely go down as one to remember. Indeed, excluding the sharp post-election spike seen by the equity market in November 2020 (which also [...]

According to FactSet, when the Nasdaq is higher by 20% or more through November, it carries the momentum into December 67% of the time with an average gain of more tha...

This past November will surely go down as one to remember. Indeed, excluding the sharp post-election spike enjoyed by the equity market in November 2020 (which [...]

The Nasdaq joined the S&P 500 in negative territory, while the Dow ended nominally higher, as investors took a wait-and-see position ahead of Thursdays crucial personal consumption expenditure (PCE) inflation report.

Though inflation remains well above the Fed’s 2% target, investors are betting the improving data will support an extended stock market rally.

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.2% last month after an unrevised 0.7% gain in September, the Commerce Departments Bureau of Economic Analysis said on Thursday. Economists polled by Reuters had forecast spending gaining 0.2%.

Press Release Modification of the interest rate applicable to the USD 30,000,000 Floating Rate Notes due 22 July 2030 (FR0013524840 – Series 2020-27)...

Real income growth, the key to healthy spending, fell again in September.

As 2023 draws to a close, there are some risks to inflation’s trajectory, specifically housing, services and energy will in combination define inflation’s path.

London stocks nudged lower in early trade on Friday as investors eyed the release of a key US inflation reading, with NatWest under the cosh after results.