Traders will be looking to find out what the latest PCE figure shows as they sink into the ‘higher-for-longer’ rate environment.
The Federal Reserve paused its hike campaign but Jay Powell and co are largely in favor of at least a hike more this year.
All three major stock indexes drifted lower on Tuesday. Futures on Wednesday moved under the flatline. No major news on deck.
The three major stock averages declined in August, a month usually seen as weak. September kicks off with jobs data on day one.
Markets are looking to close a gloomy August in the red after a super strong first seven months. Here’s what’s happening today.
Another round of bank downgrades swept market optimism in a volatile week with Fed Chair Jay Powell set to cap it off on Friday.
All three major indexes logged Tuesday in the red after the mighty US consumer continued to buoy the spending trajectory higher.
Futures contracts pared back almost all Monday gains as investors got on the defensive again. Retailers are next in line to report earnings.
All three stock indexes finished Tuesday lower after 10 regional lenders received a bad review. Someone got a little… moody.
Looks like we’re not going to witness a new all-time high for the benchmark index this earnings season.
A choppy mood narrated stocks’ direction ahead of the looming jobs report. Another scorcher coming?
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