Dow Jones closes in the red: producer prices make stockbrokers tremble

Thursday February 16, 2023 Dow Jones closes in the red Producer prices make stockbrokers tremble Wall Street concerns were further fueled by testimony from a senior Fed official. (Photo: AP) The development of producer prices makes investors anxious. Their strong rise is causing concern as the next Federal Reserve decision is imminent. Meanwhile, the crypto … Read more

Stock market: North American stock markets retreated at the end of the morning

(Photo: Getty Images) MARKET REVIEW. Losses in the technology sector pushed the Toronto Stock Exchange down late Thursday morning, while the major US indices also retreated. The New York Stock Exchange opened lower on Thursday, jostled by a higher than expected inflation indicator and poor macroeconomic figures which further complicate the reading of the economic … Read more

Futures contracts in the United States rose at the start of the week

Wall Street and European stock futures rose; As investors prepare for an action-packed week. Key events include the release of US consumer price data on Tuesday, which may confirm that the battle for inflation is far from over, dashing hopes for the Fed’s interest rate pivot. Contracts in the “Standard & Poor’s 500” rose by … Read more

Here’s where the jobs are for January 2023 — in one chart

Zoom In IconArrows pointing outwards The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment. That one service sector saw an increase of 128,000 jobs in the month, led by 99,000 positions at restaurants and bars alone, the Bureau of Labor Statistics said in a report released … Read more

US stocks recorded a good week ahead of the Fed meeting | Stock

Trader working at the New York Stock Exchange, USA. (Photo: THX/VNA) The US stock market went up in most of the trading sessions of the past week, when there were comments about the U.S. Federal Reserve (Fed) will offer lower rate hikes this year with inflationary begins to “cool down.” Besides, Wall Street also had … Read more