Nasdaq Composite Rises 56.46 Points (0.21%)
Nasdaq Composite Rises 56.46 Points (0.21%)
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MNI ASIA MARKETS ANALYSIS: Crude Rebounds, Xi Comes to US
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
US Composite PMI Rises To 56 In August, Strongest Since April 2022
The US S&P Global composite PMI climbed to 56 in August from 54.5 in the previous month, marking the strongest growth since April 2022.