After a robust third quarter, US economic growth will likely slow. That bodes well for rate cuts next year.
The Commerce Department is set to report third-quarter gross domestic product Thursday. It's the broadest measure of economic output, and it'll likely show that the US economy expanded at a staggeringly rapid pace from July through September, despite higher interest rates, depleted pandemic savings and high inflation.
2023-10-22 20:16
Investors seek shelter as U.S. stocks grow more turbulent
By Lewis Krauskopf NEW YORK Growing volatility in U.S. stocks is driving a search for defensive assets, though
2023-10-21 07:20
A key market indicator hasn't been this high since the Great Recession
For a while now the theme of "higher for longer" has dominated market speak -- that's the idea that the Federal Reserve will keep interest rates elevated for a prolonged period of time to bring interest rates down.
2023-10-20 19:18
Futures inch lower as Treasury yields surge, earnings in focus
U.S. futures fell on Friday as the yield on 10-year government bonds surged following the hawkish tone by
2023-10-20 17:56
More Chinese state companies announce share purchases in a sinking market
SHANGHAI/SINGAPORE At least seven listed companies owned by China's central government said late on Thursday that their controlling
2023-10-19 20:24
Tesla tumbles as Wall St raises doubt over growth outlook
Tesla tumbled more than 7% on Thursday as Wall Street analysts questioned its ability to maintain the runaway
2023-10-19 19:55
Futures inch up ahead of Powell's comments; Tesla drops, Netflix surges
By Shubham Batra and Shashwat Chauhan (Reuters) -U.S. stock index futures rose on Thursday as Tesla and Netflix kicked U.S.
2023-10-19 19:50
Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal
By Pete Schroeder WASHINGTON Shares in Visa and Mastercard slid on Wednesday on news the U.S. Federal Reserve
2023-10-18 23:47
Wall St set for lower open as Middle East tensions drive risk-off mood
By Ankika Biswas and Shashwat Chauhan Wall Street's main indexes were set to open lower on Wednesday as
2023-10-18 21:28
What the Israel-Hamas war means for defense stocks
When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.
2023-10-18 19:27
Australia's AMP hits over 2-month low on flagging fall in annual margins
By Rishav Chatterjee Shares in AMP touched a more than two-month low on Wednesday, after the Australian wealth
2023-10-18 09:26
US options traders on edge, eye bond market moves
By Saqib Iqbal Ahmed NEW YORK U.S. equity options traders remain on edge, with much of their focus
2023-10-18 02:25