Stock Market Today: Dow, S&P Live Updates for March 6 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for March 6 Bloomberg Source link
Stock Market Today: Dow, S&P Live Updates for March 6 Bloomberg Source link
Wall Street’s final session of 2023 saw stocks taking a breather near all-time highs. For bulls defying every doomsday scenario, that was just a blip for a market notching its longest weekly advance since 2004. The uneventful Friday before the holiday had equities halting a five-day advance. Signs of exhaustion have emerged after a more … Read more
The Federal Reserve received some holiday cheer as inflation continued to soften while consumer demand firmed, and the Bank of Japan stuck with the world’s last negative interest rate. Meantime, maritime attacks carried out by Houthi rebels in Yemen have disrupted shipping in the Red Sea, prompting a rerouting of cargoes that’s raised costs. Source … Read more
The rally in stocks driven by the Federal Reserve’s dovish tilt and bets on a soft economic landing lost a bit of steam Thursday amid speculation the market has run too far, too fast. After a surge that put the S&P 500 within a striking distance of its all-time high, the gauge saw a small … Read more
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty toll on activity that could still become more acute, the OECD warned. Growth is losing momentum in many countries and won’t edge up until 2025, when real incomes recover from the inflation shock and central banks will … Read more
For much of the past two years, the US economy’s extraordinary resilience has revolved around demand for services. That’s been a zombie narrative that’s refused to die a tidy death — perhaps until now. Despite a cooling in some services spending in early 2023, the category caught a second wind thanks, in part, to Taylor … Read more
US consumer spending, inflation and the labor market all cooled in recent weeks, adding to evidence that the economy is slowing. Inflation-adjusted personal spending rose 0.2% last month after a downwardly revised 0.3% advance in September, according to the Bureau of Economic Analysis. Separate data Thursday showed recurring applications for unemployment benefits rose to the … Read more
Business Of Sports If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and … Read more
Stock Market Today: Dow, S&P Live Updates for October 12 Bloomberg Source link
World Economy Latest: IMF Says Inflation Alarm Isn’t Over Bloomberg Source link