Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos Get market updates, educational videos, webinars, and stock analysis. BREAKING: Inflation Data Cements Rate Cut Expectations The Dow Jones Industrial Average and the other major stock indexes rose Friday as Wall Street reacted to the Federal Reserve's favored inflation gauge, the core PCE price index. Meanwhile, Apple (AAPL) and Costco Wholesale (COS ...

BREAKING: Inflation Data Cements Rate Cut Expectations The Federal Reserve's primary inflation rate, the core PCE price index, came in right in line with modest expectations, helping to cement expectations for an Oct. 30 rate cut. S&P 500 futures climbed modestly after three straight down days, with Intel (INTC) among the top early performers amid news that President Trump is threatening tariffs on chip imports for companies that don't meet demands for domestic production. Boeing (BA) rallied amid reports t ...

25 September final Q2 GDP was positively surprising, one of the largest upward revisions to a final figure in recent years, and showing the strongest growth in nearly two years. This article summarises recent events affecting the dollar, primarily GDP, then looks briefly at the charts of EURUSD and GBPUSD. The upward revision to last quarter’s GDP seems to be particularly positive because it comes after a quarter of contraction and because the latest revision comes primarily from consumer spending: With ...

Market sentiment remained largely flat, as investors tend to hold on to more cash ahead of extended holidays. Looking ahead, we remain cautiously constructive given improving fundamentals; we now expect A-shares to perform on-par with the offshore market. A-share investor sentiment largely remained flat vs. previous cycle: Weighted and simple MSASI declined by 2ppt and 1ppt, to 125% and 119%, respectively, vs. the prior cut-off date (Sep. 17). ADT for A-shares, equity futures turnover and Northbound increas ...

Joining me now is the Wall Street Journal's chief economics correspondent, Nick Timmeros. It's great to have you back. Nice to see you.Thanks for having me, Scott. Seems like Mr. . Griffin is aligned with many on on the Fed right now.Maybe you'll get one. But there seems to be caution expressed by many of the Fed speakers we've heard this week, including today Austin Goulby said, quote, "I'm just a little uneasy with too much frontloading until we're sure that inflation is is coming down." Yeah, that's righ ...

Representative imageOil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that raised supply concerns amid export issues in Iraq, Venezuela, and Russia.S&P 500 futures and Nasdaq futures edged up 0.1% ahead of remarks from Federal Reserve officials, which investors will watch closely for guidance on interest rates.San Francisco Fed President Mary Daly said further rate cuts will likely be needed, though the timing remains uncertain. Fed Ch ...

Gold declined as a dollar gauge rose to the highest level since Sept. 11, weighing on bullion that’s priced in the greenback. Still, prices of the precious metal weren’t far from the all-time high hit on Tuesday, with investors awaiting key US inflation and jobs data. The Fed’s preferred measure of underlying inflation likely grew at a slower pace last month, which would boost the argument for rate cuts, potentially aiding non-yielding bullion. Most Read from Bloomberg Gold and silver have been among ...

The path for the U.S. stock market, which is trading near all-time highs, is probably higher after the Federal Reserve last week cut its benchmark interest rate, according to LPL Financial. ...

Bostic warned that more inflation could be coming, while suggesting that the neutral rate could be "rising."Bowman said she was worried the central bank was "behind the curve" on the labor market, adding that faster cuts will be needed if conditions continue to worsen.Goolsbee doubled down on the importance of meeting the 2% target and said that he's "not thinking" about a 50 basis point cut.Fed Governors have been at the mic all day, starting with Fed Governors Goolsbee (Chicago), Bowman (Vice Chair, Super ...

All right. So, uh, now they're at 6,800 directionally. Do you agree with that.That after the Fed rate cut, there's more upside for the market in this calendar year. Uh, and does it also extend to next year. I think that's the question a lot of people are trying to figure out.I think it does. I think the the extension into next year is absolutely there. We have two major catalyst playing out right now.One is the the Fed rate cut with expectations of more to come and that should extend the economic cycle. Um, ...