Markets may be overly optimistic about the Fed
The past month's economic data has highlighted the persistent, sticky nature of inflation and the resilient strength of the labor market in the United States.
2023-06-05 20:25
Futures muted as investors weigh chances of June rate pause
By Sruthi Shankar and Shristi Achar A Wall Street futures were subdued on Monday after a solid rally
2023-06-05 19:47
European shares open flat; London leads on oil boost
European shares opened flat on Monday as markets failed to catch the tailwind from a bounce seen last
2023-06-05 16:18
The S&P 500 finally broke through a key level. Now what?
The S&P 500 index on Friday closed at its highest level in almost a year. But that doesn't mean that stocks are poised for a bull run just yet.
2023-06-04 20:22
Surging US megacap stocks leave some wondering when to cash out
By Lewis Krauskopf NEW YORK As the U.S. stock market continues its climb, investors holding shares of the
2023-06-03 05:18
Dow surges over 700 points as investors cheer jobs report and debt ceiling deal
The Dow surged over 700 points mid-afternoon Friday as investors applauded Congress's passage of the debt ceiling deal and celebrated a cheerful jobs report.
2023-06-03 03:28
Lululemon shares surge as consumers snap up pricier athletic wear
(Reuters) -Shares of Lululemon Athletica Inc soared 15% in premarket trading on Friday, after the premium apparel retailer defied investor
2023-06-02 20:46
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:56
Futures rise ahead of May jobs data; debt default averted
By Shreyashi Sanyal and Shristi Achar A U.S. stock index futures rose on Friday after the country narrowly
2023-06-02 19:52
Dow set for lower open as Salesforce slide tempers debt deal cheer
By Shreyashi Sanyal and Shristi Achar A The Dow Jones Industrial Average was set to open lower on
2023-06-01 21:25
Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
Shares of Chewy Inc rose nearly 20% in premarket trading on Thursday after the online pet supplies retailer
2023-06-01 20:28
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:26