Markets Eke Out Winning Week in Swirl of Data, Good and Bad courthousenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courthousenews.com Daily Mail and Mail on Sunday newspapers.
The U.S. economy grew at an annual rate of 6.4 percent in the first quarter of 2021, the U.S. Commerce Department reported Thursday in its second estimate. Upward revisions to consumer spending and nonresidential fixed investment were offset by downward revisions to exports and private inventory investment, according to the latest estimate released by department’s .
The consumer price index jumped by 0.8% in April — a far larger increase than many had anticipated. The recent spike in the cost of goods and services has led
FTSE 100 ends virtually flat despite Rolls-Royce surge, but Wall Street higher
Companies
FTSE 100 ends virtually flat despite Rolls-Royce surge, but Wall Street higher
The UK blue chip index couldn t make headway but US markets have been buoyed by better than expected jobless claims data and unchanged US GDP readings
FTSE 100 closes 7 points lower
Miners climb on BHP strike
US stocks move higher
5.10pm: US markets besting the FTSE thus far
The FTSE 100 ended down 7 points, 0.1%, at 7,020, while the FTSE 250 added 19 points, less than 0.1%, to 22,659. Another largely uninspiring day on the markets today, with European markets stuck in neutral gear waiting for a fresh driver of sentiment, IG Senior Market Analyst Joshua Mahony wrote. With the VIX closing in on levels not seen since the pandemic began, there is undoubtably a lack of any particular conviction despite ongoing improvements in the US economic front.
Better than expected jobless claims data, unchanged US GDP readings and mixed durable goods orders helped push the Dow and the S&P higher on Thursday.