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Stock market bulls regained control in May after April's decline interrupted an impressive five-month run from November to March, during which the market rose each month, with the S&P 500 gaining...
Morgan Stanley (NYSE:MS) said they still expect a soft landing for the US economy, though they have lowered the probability to 50% from the previous 80%. Meanwhile, the Wall Street giant has raised...
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates...
NEW YORK (Reuters) - Cannabis stocks including Tilray (TSX:TLRY), Curaleaf (TSX:CURA), and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S. Department of Justice unveiled a...
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...
Quiver Quantitative - The number of Americans filing new claims for unemployment benefits fell last week, signaling underlying strength in the labor market. According to the Labor Department, initial...
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,...
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