U.S. stocks rebounded Friday, with the S&P 500 rising 0.9% as oil prices stabilized and August CPI matched expectations. However, major indexes fell for the week as 90% odds of a September Fed rate h…
Markets now price a 70% chance of a Federal Reserve rate hike following hot wholesale inflation data. With crude oil surpassing $100 per barrel, focus shifts to bank stocks like JPMorgan Chase, as wi…
U.S. stocks rebounded Friday as warmer CPI data brought clarity regarding an imminent Federal Reserve rate hike. However, benchmark 10-year Treasury yields hovering near 5% and crude oil exceeding $1…
August core CPI rose 0.3%, lifting Fed rate-hike expectations to 90%, though major US indexes climbed midday. Microsoft unveiled plans to triple data center capacity by 2032, while Nvidia and partner…
US core CPI unexpectedly accelerated to 0.3% month-over-month in August, driven by sticky services and surging energy costs. The hotter reading raised the probability of a 25-basis-point Federal Rese…
U.S. consumer prices rose 0.4% in August, pushing annual inflation to 3.4% alongside surging energy costs. The acceleration boosted expectations for a Federal Reserve interest rate hike next week to …
Surging Treasury yields and rising Fed rate-hike odds pressured stocks weekly, but Friday saw an equity rebound. Analysts suggest an anticipated rate hike could restore policy credibility, stabilize …
August core CPI rose 0.3% month-over-month, topping forecasts and boosting market bets for a Federal Reserve rate hike next week to 90%. Resurgent price pressures and surging oil costs are fueling ha…
S&P 500 futures advanced ahead of the critical August CPI report, supported by strong Oracle earnings and an oil pullback. Crude eased from above $100 per barrel amid potential diplomatic discussions…
August annual inflation remained steady at 3.4% while core monthly CPI exceeded forecasts, pushing odds of a Federal Reserve rate hike to 90%. Surging energy costs and AI-driven memory chip shortages…
US equities rebounded on Friday, with the S&P 500 climbing over 1% to halt a four-day losing streak as oil prices and Treasury yields paused their recent surge. However, elevated inflation keeps expe…
The British pound edged higher toward $1.35 following stronger-than-expected UK GDP growth of 0.4% in July. While solid growth supports sterling, upside remains tempered by expectations of a BoE rate…
Silver traded near $65 per ounce on Friday but headed for a weekly drop over 1% as strong US inflation data boosted Federal Reserve rate hike bets. Accelerating core CPI and wholesale energy costs li…
U.S. annual inflation held steady at 3.4% in August, matching estimates, while core CPI cooled to 2.4% year-over-year. Despite a slight beat in monthly core inflation and rising Fed hike bets, equity…
Surging oil prices driven by Middle East disruptions pushed Brent crude above $100 per barrel, sparking inflation worries and lifting 10-year Treasury yields to 4.836%. Rising expectations of further…
US stock futures rebounded early Friday, with Dow futures climbing over 250 points as retreating crude oil prices eased inflation worries. Investors remain cautious ahead of the pivotal August CPI re…
U.S. stocks and Bitcoin face heightened volatility ahead of today's August CPI report, the final inflation gauge before the Federal Reserve's policy meeting. Rising oil prices and Treasury yields nea…