Hang Seng Index climbs as Fed rate cut hopes drive tech stocks; real estate lags amid China stimulus anticipation.
American and European stock markets mostly rose on Wednesday (US time) after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month. While the Dow fell ...
Energy continues to play the primary role in bringing down inflation. Shelter, which is the largest component of the ...
The Dow falls, while the S&P 500 and Nasdaq close higher Wednesday after the stock market reacts to the CPI inflation report.
Gold held a four-day advance after a key US inflation report supported expectations for another interest rate cut by the Federal Reserve when policymakers meet next week.
Markets posted mixed results this Hump Day, with the blue-chip Dow unable to hold onto its gains at the open. It was the only index in the top 4 to spend any time in the red today. The Nasdaq ...
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
The minimum wage in California in 2024 is $16. Here is why it will rise despite voters rejecting a proposition about a minimum wage increase.
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising ...
Mortgage rates were having a pretty decent day at first. The bond market was only slightly weaker overnight (implies some ...