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S&P 500 Is Now on Track for Biggest Run This Year: Markets Wrap

(Bloomberg) — Stocks headed toward their best three-day rally of 2024 in a rebound fueled by bets the Federal Reserve will cut rates this year. Oil pared gains after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt. The S&P 500 topped its average price of the past 50 days — a…
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Asian Traders Await Key Data; US Futures Climb: Markets Wrap

(Bloomberg) — Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  US equity futures climbed in early trading after the S&P 500 fell for a sixth straight session on Friday, weighed by…
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Asian Stocks Rebound With Earnings, Data in Focus: Markets Wrap

(Bloomberg) — Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  Benchmarks in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering after last week’s slump. The dollar was slightly weaker as…
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Asian Traders Await Key Data; US Futures Rise: Markets Wrap

(Bloomberg) -- Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy. Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeTrump Has Only $6.8 Million ...
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Source: yahoo.com

Stocks Struggle Before Crucial US Inflation Report: Markets Wrap

(Bloomberg) — US equity futures slumped before the release of keenly awaited inflation data that could set the stage for the timing of the Federal Reserve move to interest-rate cuts. Treasuries rose. Contracts on the rate-sensitive Nasdaq 100 slid 0.6% while those on the S&P 500 fell 0.4%, extending Monday’s decline in the main US…
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