Inflation Data to Test Stocks as Some Investors Brace for Rally to Pause
8 Articles
8 Articles
US stocks drift around their record heights as Wall Street braces for an update on inflation - ABC Columbia
(AP) — U.S. stocks are drifting near their record heights on Monday as Wall Street waits for an upcoming update on inflation. The S&P 500 was virtually unchanged and flirting with its all-time high set two weeks ago. The Dow Jones Industrial Average was up 77 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was down 0.2%, coming off its own record. The highlight of this week for Wall Street is likely to arrive on Tuesday, …
With the results season almost over, investors are focusing on the economic landscape and whether the Federal Reserve will be able to resume its cuts in September
USD/JPY consolidates around 147.50, awaiting US CPI data
The US Dollar is trading within a tight range on both sides of the 147.50 level against the Japanese Yen on Monday, with traders wary of placing directional US Dollar bets ahead of Tuesday’s US Consumer Prices Index report.Recent US employment data has prompted investors to ramp up bets of the Feder
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