The US stock market experienced a record-breaking week, with major indexes closing at new peaks. Optimism around the AI boom and anticipated interest rate cuts are boosting investor confidence. Key economic data is set to be released soon.
Stock futures remained stable after a record day for major indices, as analysts predict a Federal Reserve interest rate cut next week following a rise in jobless claims and inflation data. Will this lead to more market gains?
Wall Street's main indexes hit record highs, buoyed by strong performances from Tesla and Micron Technology. With inflation rising and jobless claims at a four-year high, traders anticipate a Federal Reserve interest rate cut next week.
In a troubling economic update, August's consumer price index rose at 2.9% while jobless claims reached their highest level since 2021, raising fears of stagflation as growth weakens.
Applications for US unemployment benefits soared to a four-year high, signaling potential layoffs as hiring slows. Initial claims rose by 27,000, reaching 263,000 last week, the highest since October 2021.
August's inflation rate jumped unexpectedly, challenging the Federal Reserve's strategies as jobless claims rise. What does this mean for interest rates and the economy? Find out!
Job openings have fallen to levels not seen since the pandemic, raising alarms about the labor market's health. With only 7.18 million listings in July, experts warn of a significant slowdown. What does this mean for job seekers?
Wall Street is on a roll as the S&P 500 reaches record highs, driven by a surge in AI-related stocks like Nvidia and Snowflake. With corporate profits rebounding and lower jobless claims, investors are optimistic about the market's future. Will interest rates drop soon?
As inflation gauges signal shifts, investors are betting on a Federal Reserve interest rate cut. Discover the latest updates on wholesale prices and the labor market's impact on the economy.
U.S. stock futures fell slightly after President Trump denied plans to fire Jerome Powell, following a day of gains. Investors shift focus to upcoming earnings reports amidst market fluctuations.