U.S. indices rebounded on Friday following in-line August CPI data, though benchmarks ended lower for the week ahead of the Fed's rate decision. Microsoft announced plans to more than triple data-cen…
Major US indices closed the week higher in a broad Friday rally, led by a 1% gain in the Nasdaq. Stocks advanced as August CPI data solidified Federal Reserve interest rate expectations, reducing pol…
U.S. stocks rebounded over 1% Friday, breaking a four-day slide as crude prices retreated. WTI dropped 3% to $99.44 and Brent slipped 2.74%. Despite August core CPI slightly exceeding expectations, m…
Wall Street finished higher on Friday as headline CPI met expectations at 0.4% month-over-month. The S&P 500 rose 0.8%, led by communication services, despite core CPI ticking slightly higher than an…
Bitcoin and ether climbed after largely in-line U.S. CPI data left Federal Reserve rate expectations intact. Analysts noted that resilient institutional allocation and steady underlying demand contin…
August CPI data will critically influence the Fed's next rate decision. Ahead of the release, S&P 500 futures gained while crude oil prices retreated from $100 following reports of diplomatic talks b…
A hotter-than-expected August Core CPI reading has increased Fed rate hike expectations, dampening Bitcoin's short-term upside. Digital asset funds saw $243 million in weekly net outflows, reversing …
August US headline CPI met expectations, but core CPI rose 0.3% month-over-month, beating forecasts. The sticky inflation reading sparked uncertainty over upcoming Federal Reserve interest-rate cuts,…
August US CPI rose 3.4% year-over-year, meeting expectations, while core CPI increased 2.4%. Despite heightened expectations for a Federal Reserve rate hike, Treasury yields eased slightly, sparking …
Bitcoin traded steadily near $77,214, hovering well below $80,000 after touching a 10-day low. Caution prevails ahead of key U.S. CPI data, with hot producer prices and elevated oil costs boosting ma…
Gold edged higher in early Asian trading as investors await critical U.S. CPI data for Federal Reserve policy guidance. While geopolitical tensions and rising oil prices offer underlying support, ele…
US stock futures steadied following four consecutive sessions of losses across major benchmarks. Investors remain cautious ahead of crucial August CPI inflation data, pressured by surging wholesale e…
Wall Street dropped as global bond yields surged, with the US 10-year reaching 4.96% and 30-year near 5.4%. Spiking oil prices, with Brent above $107 on geopolitical tensions, combined with a 72% pro…
U.S. stocks fell for a fourth consecutive session as oil surpassed $100 a barrel and hot August wholesale inflation pushed Treasury yields to multiyear highs. The surge in energy costs and borrowing …
US Producer Price Index increased 0.4% in August, pushing the annual rate to 5.4% driven by surging energy costs. Core PPI climbed 0.3% monthly, while pipeline pressures accelerated across intermedia…
U.S. stocks fell as August PPI inflation matched estimates at 5.4% year-over-year, driven by surging energy costs. Treasury yields surged to multi-year highs, with the 30-year yield hitting a 19-year…
U.S. stocks fell to one-month lows as crude oil surged past $100 per barrel amid prolonged U.S.-Iran war concerns. Rising Treasury yields and accelerating producer price inflation amplified expectati…
Bitcoin and Ethereum slipped to weekly open lows ahead of crucial US inflation data and next week's Federal Reserve interest rate decision. Rate hike concerns and impending PPI and CPI figures contin…
U.S. wholesale prices surged 0.4% in August, driven by higher energy costs, pushing the annual PPI rate to 5.4%. Core PPI also climbed 0.3%, keeping inflation elevated ahead of Friday's CPI report an…
US stocks tumbled as spiking Treasury yields and Brent crude topping $101 intensified interest rate anxieties ahead of next week's Fed meeting. Meta rallied over 6% on its autonomous AI assistant lau…