US Dollar Retains Gains Despite Softer-than-Expected Core PCE Inflation
[ad_1] US PCE REPORT KEY POINTS: September U.S. consumer spending advances 0.6% on a monthly basis, versus 0.4% expected Core PCE, the Fed’s favorite inflation gauge, climbs 0.5% month-over-month, pushing…
Nasdaq 100 Jumps ahead of Microsoft and Alphabet Earnings
[ad_1] STOCK MARKET OUTLOOK: S&P 500 and Nasdaq 100 rise for the second consecutive day, despite the sell-off in Chinese stocks Weak U.S. economic data doesn’t prompt a negative reaction…
Megacap Tech Earnings in Focus as Fed Enters Blackout
[ad_1] S&P 500 OUTLOOK: NEUTRAL The U.S. central bank goes into its blackout period this weekend ahead of the November FOMC meeting With no Fed officials slated to speak in…
S&P 500 Stages Big Comeback; JPMorgan, Wells Fargo & Citigroup Earnings Eyed
[ad_1] S&P 500 OUTLOOK: U.S. stocks mount a remarkable turnaround after a sharp sell-off in early trading sparked by hotter-than-expected U.S. inflation data The S&P 500 advances 2.0% after tumbling…
Bullish Bias Intact as Hot CPI Will Keep Fed on Hawkish Path
[ad_1] US DOLLAR OUTLOOK: BULLISH The U.S. dollar, as measured by the DXY index, registers another positive week, supported by higher Treasury rates Bond yields surge on hotter-than-expected inflation U.S.…