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examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
US consumer prices were slightly hotter than expected, with headline CPI rising 0.4% versus 0.4% consensus and core CPI up 0.3% versus 0.2% consensus. Fed fund futures were indicating about an 88% probability of a rate hike next week.
Oracle climbed in premarket trading after reporting better-than-expected first-quarter financial results and raising its FY27 adjusted EPS guidance.
The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase
A surprise contraction in US payrolls has given the stock market a break from worrying about a near-term interest-rate increase. Whether it gives small-cap stocks a durable reprieve depends on Wednesday’s inflation report. Nonfarm payrolls fell by 23,000 in July, against forecasts for an 83,000 gain. The shock drove th
US Fed Fund Futures Ahead of US CPI Data
U.S. stock futures were mixed on Monday, as the Dow Jones index advanced, while the Nasdaq 100 and S&P 500 indices fell, following Friday’s higher close. Late Sunday, global markets turned cautious after the U.S. launched another round of strikes against Iran, fueling a rally in crude oil prices and weighing on U.S. st