Page 18 - Philly Fed News Today

Wall Street rallied a little, following an air pocket caused by a massive purchase of S&P500 puts, which forced the market maker to hedge by selling a large number of S&P ETFs, sending the index down...

Appetite in European stocks waned yesterday, yet the US counterparts recovered Wednesday losses and closed the session more than 1% higher as the latest growth data was revised slightly lower to 4.9%, real consumer spending was revised down from 3.6% to 3.1%, corporate profits from above 4 to 3.7%. Else, jobless claims came in lower than expected and the Philly Fed index printed a sharper contraction in December. All in all, the data pointed at a certain slowdown – except for the jobless claim...

The Paris Bourse is set to open lower on Thursday morning, with investors cautious following Wall Streets sharp decline the previous day and ahead of the publication of numerous economic indicators...

A top ranked economics and finance blog with a focus on the housing market

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Dow Jones futures were slightly higher overnight, along with S&P 500 futures and Nasdaq futures. Micron technology (IN) key report for semiconductors,

The New York Stock Exchange is set for a rebound on Thursday, following its worst session since September, boosted by reassuring economic indicators.Half an hour before the opening, futures contracts...

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to regain ground following the sell-off seen late in the previous session.

The Paris Bourse hardly felt the impact of the -1.5% drop in the S&P500 and Nasdaq on Tuesday evening , thanks to a +1% pre-opening rebound in US futures.As a result, the CAC40 has been content with a...

Philly Fed Flops - New Orders Plunge As Prices Paid Jump The Philly Fed's latest survey shows that manufacturing activity in the region continued to decline…