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Investing.com-- The Dow snapped a two-day winning streak Thursday after briefly topping 40,000 for the first ever as investors weighed up a rebound in Treasury yields and a rally in Walmart. At 16:00...
BCA Research highlighted a potential signal for an impending US recession based on historical patterns of unemployment rates. According to their analysis, the 3-month moving average of the...
BMO Capital Markets hiked its 2024 price target for the S&P 500 on Wednesday, citing sustained robust market momentum. Initially, the investment bank set the year-end target at 5,100 in February,...
Stocks and bonds rallied on Wednesday following U.S. economic reports showing cooler inflation and flat retail sales in April, fueling investor hopes for a so-called “soft landing.” Both headline and...
Despite a deceleration in core and super core consumer price index (CPI) inflation in April, inflation remains elevated at 0.3% and 0.4% month-over-month, respectively. Simultaneously, retail sales,...
Wisconsin's 6th congressional district representative, Glenn S. Grothman, has made multiple purchases of US savings bonds, according to a recent congressional trade report. These transactions were...
The U.S. consumer price index (CPI) for April indicated a modest slowdown in inflation, which was roughly in line with market forecasts. The CPI rose 3.4% year-on-year, a slight deceleration from the...
BMO Capital Markets is raising its 2024 price target for the S&P 500, as they believe the robust stock market momentum is likely to persist. In February, the investment bank’s analysts drew a line in...
Wolfe Research economists provided their insights on the Federal Reserve's outlook following comments made by Fed Chair Jerome Powell. Powell maintained a dovish stance yesterday, which was in line...
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