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Morning bid: New highs hold as disinflation resumes, US cools - Vimarsana News

Morning bid: New highs hold as disinflation resumes, US cools

A look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an... -May 16, 2024 at 06:04 am EDT - MarketScreener

Traders May Take A Breather Following Yesterday's Rally - Vimarsana News

Traders May Take A Breather Following Yesterday's Rally

(RTTNews) - The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction...

S&P 500, Nasdaq extend record streak on renewed rate-cut hopes - Vimarsana News

S&P 500, Nasdaq extend record streak on renewed rate-cut hopes

Popular meme stocks GameStop and AMC Entertainment slid 16% and 8.9%, respectively

Barkin Says Fed Needs 'Little Bit More Time' to Lower Inflation - Vimarsana News

Barkin Says Fed Needs 'Little Bit More Time' to Lower Inflation

(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US central bank needs to keep borrowing costs elevated for longer to lower inflation to its 2% target, citing higher prices in the services sector.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40,000 Mark: Markets WrapSlova

Source: yahoo.com
Dow breaches 40,000 mark as rate-cut hopes fuel fresh record high - Vimarsana News

Dow breaches 40,000 mark as rate-cut hopes fuel fresh record high

The Dow crossed the 40,000 level for the first time on Thursday, notching a fresh all-time high and leading Wall Street gains a day after tepid inflation data bolstered hopes of interest-rate cuts. ...