Stock Market News: Dow, Nasdaq Surge on Potential Debt-Ceiling Deal
The Dow snapped a losing streak as investors headed into Memorial Day anticipating Washington will reach a deal to raise the debt ceiling.
Source: businessinsider.com
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April CPI Report: What the Experts Are Saying About Inflation
A lower-than-expected CPI report helps the case for the Fed to pause in its campaign of rate hikes.
Source: kiplinger.com
Homebuilders ride D.R. Horton jump to highest since January 2022
An index tracking the industry is up 28% so far this year coming off of one of its worst years since 2018.
Source: nationalmortgagenews.com
EMEA Morning Briefing : Oil Jumps on Surprise OPEC+ Output Cut - Stock market news
MARKET WRAPS Watch For: Manufacturing PMI data for eurozone, Germany, France, Italy, UK; trading update from Ryanair Opening Call: European stocks may open mixed on Monday following a surprise production cut from OPEC+. In Asia, oil fut... | 12:17am
Source: marketscreener.com
A More Accurate Recession Indicator Is on the Verge of Flashing
"While the inversion says trouble is coming in the medium term, the un-inversion says trouble is coming within a year," Brad McMillan said.
Source: businessinsider.com