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The S&P 500 and Nasdaq closed at record highs on Thursday, buoyed by tech stocks linked to AI, while inflation data and comments from Federal Reserve officials helped shape expectations for the timing of the central bank's interest rate cuts.
The S&P 500 and Nasdaq closed higher on Thursday, buoyed by tech stocks linked to AI, while inflation data and comments from Federal Reserve officials helped shape expectations for the timing of the...
So how low far would mortgage rates have to come back down to set property markets in motion and get Americans spending on homes again? Some would buy at 6% but others will wait until 4%.
The U.S. dollar held steady as traders brushed off durable goods data overnight and awaited the Federal Reserve's preferred measure of inflation due Thursday for clues on when the U.S. central bank... -February 27, 2024 at 07:12 pm EST - MarketScreener
The dollar inched up as traders brushed off U.S. manufactured goods data and awaited the Federal Reserve's preferred measure of inflation for clues on when the central bank may start cutting interest... -February 28, 2024 at 01:13 am EST - MarketScreener