Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. Javier Milei need only lean out the window of the presidential palace in downtown Buenos Aires to be confronted with Argentina’s ties to China. Source link
NEW YORK (AP) — U.S. stocks tumbled Thursday after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens. The S&P 500 dropped 1.2% for its worst day in seven weeks. Earlier in the day, a gain … Read more
U.S. stocks slammed into reverse after a Federal Reserve official said it may deliver none of the cuts to interest rates this year that Wall Street has been banking on, unless inflation improves By STAN CHOE AP Business Writer April 4, 2024, 3:24 AM ET • 4 min read NEW YORK — U.S. stocks slammed … Read more
Wall Street pointed to a modestly higher open Thursday ahead of fresh data on the jobs market that could impact the Federal Reserve’s next decision on interest rates. Futures for the Dow Jones industrials rose 0.2% before the bell, while S&P 500 futures rose 0.3%. The U.S. releases its weekly jobs report Thursday and on … Read more
When Savita Subramanian, head of US equity strategy at Bank of America, raised her outlook for stocks at the end of last year, there was a lot of skepticism that equities could go any higher. The S&P 500 had already surged on expectations that the Federal Reserve would start cutting rates in 2024. And investors … Read more
I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at Rich Miller’s reporting on migration and job growth. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. How come … Read more
TOKYO – U.S. stocks are rising Thursday and climbing back toward record heights, as Wall Street makes its final moves ahead of a jobs report that could shake the market on Friday. The S&P 500 was up 0.8% in afternoon trading and sitting just below its all-time high. The Dow Jones Industrial Average was up … Read more
NEW YORK (AP) — U.S. stocks are mostly rising on Wednesday, as Wall Street steadies itself following its worst day in weeks. The S&P 500 was 0.2% higher in late trading and clawing back a bit of its loss from the prior day. The Dow Jones Industrial Average was down 23 points, or 0.1%, with … Read more
Stock market today: Wall Street drifts in early trading as its momentum ebbs following a big run Crossroads Today Source link
Stock market today: Wall Street drifts in early trading as its momentum ebbs following a big run Idaho Press Source link