Wall St extends rally, dollar gains after inflation data
By Stephen Culp NEW YORK (Reuters) - Wall Street extended its rally and the dollar rebounded on the last trading day of August, as closely-watched
Source: shorenewsnetwork.com
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US STOCKS-Wall Street advances, on course for weekly gains as Fed meeting looms
From last Friday's close, the S&P and the Dow have set a course for their third weekly gains in four, while the tech-laden Nasdaq appears set to notch its fourth straight weekly advance. The Commerce Department's hotly anticipated personal consumption expenditures (PCE) report arrived largely inline with consensus, showing softening demand and cooling inflation - which is exactly what the Federal Reserve's restrictive interest rate hikes are intended to accomplish.
Source: devdiscourse.com
US STOCKS-Wall Street advances, on course for weekly gains as Fed meeting looms
Chevron Corp posted record 2022 profit, but its fourth quarter earnings fell short of expectations, dragging the stock down 4.1%. Rival payment companies American Express Co and Visa Inc reported consensus-beating results, easing worries of waning consumer demand.
Source: devdiscourse.com
U.S. stocks have lackluster day, main action is on forex markets
Stocks went from being sharply lower early in the day to making modest gains by late afternoon.
Source: laosnews.net
Nasdaq gains just one point as investors take a breather
Stocks went from being sharply lower early in the day to making modest gains by late afternoon.
Source: tennesseedaily.com