Inflation unexpectedly rose to 2.7% in June in producer price index
Inflation as measured by the producer price index rose to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Friday, some bad news for the Federal Reserve and President Joe Biden. Economists had forecast a slight rise in inflation from 2.2% in May. On a month-to-month basis, the producer price index increased by 0.2 percentage points, more than expected. […]
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K – Cointelegraph
The Crypto Fear and Greed Index, a gauge that tracks market sentiment towards Bitcoin and cryptocurrencies, fell to “extreme fear,” its lowest level since January 2023. The Crypto Fear and Greed Index fell to “Extreme Fear” for the first time in 18 months. Source: Alternative.me The sharp drop came as the price of Bitcoin (BTC) […]
US Dollar Index climbs to fresh two-month top ahead of the key US PCE data – FXStreet
DXY regained positive momentum amid some repositioning ahead of the US PCE Price Index release. Recent hawkish comments from Federal Reserve officials support one rate cut this year. Therefore, any significant inflation data will play a key role in moving the US Dollar in the near term. The US Dollar (USD) rose to a two-month […]
S&P 500 futures fall slightly after the broader index rises for a second day: Live updates – CNBC
33 minutes ago GSK falls after CDC recommends RSV vaccination GSK shares fell more than 1% in morning trading after the CDC suspended its recommendation for respiratory syncytial virus (RSV) vaccinations for adults under 60. The move followed a 3% drop the previous day, putting GSK on track for a third straight day of declines. […]
2 Index ETFs to Buy Hand Over Fist and 1 to Avoid – The Motley Fool
Trying to outperform the overall stock market with smart trades is one surefire way to end up underperforming the market. Let’s keep things simple. The temptation to chase the performance of the hottest stocks in the market is certainly strong. Everyone else seems to be getting rich on them. Why wouldn’t you? But as any […]
This stock index – which you maybe never heard of – is nearly as vibrant as tech
With AI hype sweeping the stock market, you could probably guess that the technology sector will be the best-performing global equity sector this year. And you’d be right. But which sector is trailing just a little behind? Call, text, email or otherwise message your broker. This is a funny index of what is called a […]
New study suggests replacing BMI with body roundness index to measure obesity
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US Dollar Index Prints a One-Month High, USD/JPY Rallies Post-BoJ Meeting – DailyFX
US Dollar Index hits highest in one month, USD/JPY falls after Bank of Japan meeting Recommended by Nick Corley Forex for Beginners The US Dollar Index continues its recent upward trend, supported by declines in the Euro and the Japanese Yen. The Euro fell in the wake of last weekend’s European Parliament elections and expectations […]
The best-performing stock on the S&P 500 is a 'unicorn' that joined the index less than a month ago and is beating Nvidia – Fortune
Demand to power artificial intelligence engines has sent shares of Vistra Inc., one of the largest U.S. power producers, soaring faster than shares of Wall Street darling Nvidia Inc. Dear Investors, include Daniel Loeb, the billionaire founder of Third Point LLC, has been buying Vistra shares, betting that a surge in demand driven in part […]
Dow Jones, S&P and Nasdaq close at record highs after consumer price index shows inflation slowing down
Each of the major U.S. stock indexes closed at record highs Wednesday after new federal data showed inflation slowing. The Dow Jones Industrial Average, S&P 500 fell after the Labor Department reported that inflation fell to an annual rate of 3.4% in April after a 0.3% monthly price increase, according to the Consumer Price Index […]