US stocks traded mixed on Thursday and ended August in the red.Investors are eyeing the release of Friday's job report, which will inform the Fed's next policy move.
Major indexes rose in early morning trading but ended the day mostly lower, with the Dow Jones Industrial Average ending today's session slightly in the red. "The PCE index has been moving in right right direction overall, but core inflation remains stickier than expected keeping the data dependent — and 'agile' — Fed more likely to raise rates again this year," LPL chief global strategist Quincy Krosby said in a statement on Thursday. "Moreover, the disinflation trend remains steady, but the Fed needs the numbers to edge lower before they can declare victory in its campaign to quell inflation.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Asia Stocks Set for Mixed Open After August Tumble: Markets WrapStocks in Asia were set for a mixed start to September after a mooted session on Wall Street as traders await Friday’s jobs reading to gauge the outlook for Federal Reserve policy. Bond yields fell and the dollar strengthened.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »
Foreigners Snap Up India Stocks While Fleeing Most EMs in AugustIndian equities stood out in August as foreign investors sold stocks in almost every other Asian emerging market, thanks to the nation’s strong corporate earnings performance and its growing appeal as an alternative to China.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »
Stock market today: Wall Street ends higher, chipping away at losses for AugustNEW YORK (AP) — Stocks closed modestly higher on Wall Street, chipping away at the market’s losses for August. Treasury yields fell Wednesday after some weaker-than expected readings on the U.S. economy and job market. The S&P 500 rose 0.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street opens modestly higher but still headed for a loss in AugustNEW YORK (AP) — Stocks are opening modestly higher on Wall Street, on track to end a mostly miserable August on an up note. The S&P 500 was up 0.2% in early Thursday. It’s still on track for its first monthly loss since February.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stocks mixed after PCE data signals cooling inflation: Stock market news todayStocks are eyeing a fifth straight day of gains after the Fed's preferred inflation gauge signaled a softening in pressures.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »