I’m Shawn Donnan, a senior economics writer in Washington. Today we’re looking at Chinese migration to the US. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Note: Economics … Read more
Stock Market Today: Dow, S&P Live Updates for Dec 18 Bloomberg Source link
India stock market: The Indian stock market indices, Sensex and Nifty 50, are expected to continue the rally towards record high following positive global cues amid optimism over dovish monetary policy by the US Federal Reserve. Global market cues remain supportive with the Asian markets trading higher and US stock indices ending on a strong … Read more
Stock Market Today: Dow, S&P Live Updates for December 15 Bloomberg Source link
Treasuries resumed their rally on Tuesday as further labor-market slowdown reinforced speculation the Federal Reserve will be able to cut interest rates next year to prevent a recession. Yields dropped across the US curve as job openings hit the lowest since March 2021. Concerns about markets being too fast in anticipating Fed easing have recently … Read more
I’m Malcolm Scott, senior economics editor in Sydney. Today, our China team looks at next year’s growth goals. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. China is … 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
European inflation is falling faster than the European Central Bank had expected, slowing to a 2.4% annual pace in November after peaking at 10.6% in October 2022. The central bank will struggle to insist on its “higher for longer” interest-rate stance if the euro-area economy continues to weaken even as consumer price increases ebb. Significantly, … Read more
Stock Market Today: Dow, S&P Live Updates for November 30 Bloomberg Source link
Stocks climbed while bond yields tumbled as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and the next move will be a rate cut next year. The S&P 500 rose nearly 2%, the most since April. Tesla Inc. led gains in megacaps and Nvidia Corp. rallied for … Read more