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Economic health check. Several key readings on the health of the US economy are also due out throughout the week. On Thursday, the first estimate of fourth quarter GDP is expected to show the US ...
"We had some macro news but somewhat mixed and you know we have a very strong dollar today," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. A report from ...
It's a quiet week for economic data, though Fedspeak is set to ramp up with speeches from six central bank officials scheduled throughout the week. Here's where US indexes stood at the 4:00 p.m ...
All this has kept the S&P 500 floating around its all-time high all week, now well over 5,800, as the index passes more and more year-end forecasts — and their subsequent upward revisions, like ...
Price check. A fresh update on inflation will come next week with the release of the Consumer Price Index (CPI) for December. Wall Street economists expect headline inflation was at 2.9% annually ...
The latest jobs report released Friday revealed that the US economy added an eye-popping 272,000 jobs in May. The combination of persistent inflation and strong job growth has led Wall Street to ...
That was largely due to a downward revision to consumer spending, which accounts for about 70% of the US economy. Spending advanced 2% in the January-through-March period, compared to the initial ...
Investors are also eyeing key employment data releases this week for further market direction. US stocks rose on Monday, with the Dow and S&P 500 closing at record highs as investors digested new ...