Tag: economic data

June 27, 2023

US stocks rallied on Tuesday as investors digested upbeat economic data and the latest developments in Russia after the Wagner Group’s weekend mutiny. Supported by transportation spending, durable goods orders for May came in stronger than expected, easing concerns about […]

April 5, 2023

Stocks are dipping on Wall Street Wednesday, and Treasury yields are dropping following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates. The S&P 500 was 0.3% lower in morning trading, a […]

October 4, 2022

Global shares rose Tuesday, with European markets tracking gains in Asia and U.S. after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes. France’s CAC 40 gained 2.8% in early trading […]

August 16, 2022

On this day in 1991, President George H. W. Bush declared that the recession that started July 1990 was almost over. It officially ended in December 1992. But the NBER only declared its end 22 months after the fact — […]

August 2, 2022

Crude oil prices fell to kick off August, putting the commodity on track for a third monthly loss, assuming the nearly 5% drop on Monday is a sign of what’s to come. China’s National Bureau of Statistics (NBS) reported a […]

November 16, 2021

Stocks have moved modestly higher in morning trading on Tuesday, with the major averages all moving to the upside after ending the previous session roughly flat. Buying interest has remained somewhat subdued, however, limiting the advance by the markets. Currently, […]

June 29, 2021

Asian stock markets declined for a second day Tuesday after Wall Street hit a new high on tech stock gains and the World Bank raised its forecast of Chinese economic growth. Market benchmarks in Shanghai, Tokyo and Hong Kong retreated. […]

May 5, 2021

European markets closed higher on Wednesday, reacting positively to some upbeat earnings reports and encouraging economic data that indicate a fairly strong global economic rebound. Mining stocks moved higher as copper prices rose past a key psychological level of $10,000 […]

June 24, 2020

TOKYO — Global stock markets turned lower on Wednesday amid fears over surging coronavirus cases in various parts of the world. While economic data is pointing to a recovery from the spring lockdowns that are being eased in many countries, […]

December 20, 2019

U.S. stocks just keep on climbing. The three major benchmark indexes all closed at fresh record highs on Thursday despite President Donald Trump’s historic impeachment. The U.S.-China trade war truce and recent positive economic data have buoyed investors toward the […]

November 21, 2018

The most telling thing about the pummeling that the stock market has taken recently, and especially this week, is that there’s no simple single cause to point to. That reflects the fundamental economic risk for 2019 and beyond. There isn’t […]

May 1, 2018

The US dollar hit its best level in nearly four months on Tuesday as traders ready for Wednesday’s Fed meeting and a flurry of economic data. The US dollar index, which measures the greenback versus a basket of its major […]