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Most Stocks Rise as US Data Ease Rate Fears but Fuel Economic Worries

US data offers mixed signals, easing rate-hike concerns while highlighting signs of consumer spending weakness and potential economic slowdown.

Summary by France24
Hopes that the Federal Reserve will not tighten policy next month boosted equities last week -- pushing the S&P 500 and Nasdaq to records -- as closely watched reports pointed to a softening labour market and inflation easing, even if it is still well above target. The moves suggested that traders were taking the "bad news is good news" approach, but figures on Friday raised questions about the health of the economy and led observers to warn tha…

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The Straits Times broke the news in Singapore, Singapore on Monday, August 17, 2026.
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