REUTERS: U.S. stock index futures treaded water on Tuesday as investors paused after a three-day run that was driven by hopes that major economies would act to counter a global economic downturn.
A clutch of retail earnings this week will test the health of U.S. consumer demand. Home Depot Inc beat quarterly profit estimates but cut its full-year sales forecast, citing potential impact of the trade war on consumer spending. Target , Lowe's and Nordstrom report later this week. Powell's remarks will be closely monitored for hints if more policy easing is in store, especially as the U.S.-China trade war seems far from resolved and growing fears of recession, signaled by the inversion of the U.S. yield curve last week.Even as Powell classified last month's interest rate cut as a"mid-cycle" policy adjustment, traders are currently fully pricing in another rate cut in September.
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:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hong Kong: Stocks open slightly lower on Tuesday[HONG KONG] Hong Kong stocks edged down in the first few minutes of trade on Tuesday as profit-takers stepped in following four days of healthy gains. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
Singapore stocks: STI resumes Tuesday afternoon at 3,139.35, up 0.4% on daySINGAPORE shares resumed trading in positive territory on Tuesday afternoon, with the Straits Times Index rising 0.4 per cent, or 10.9 points to 3,139.35 as at 1.02pm. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
US stocks rally on hopes for stimulus, dovish FedNEW YORK: Wall Street stocks rose for a third straight session on Monday (Aug 19), joining a global rally amid talk of economic stimulus in ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Asia stocks rise as stimulus, policy hopes calm nervous investorsAsian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
US: Stocks rally on hopes for stimulus, dovish Federal Reserve[NEW YORK] Wall Street stocks rose for a third straight session on Monday, joining a global rally amid talk of economic stimulus in Germany and China and expectation of further Federal Reserve interest rate cuts. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
Stocks to watch: Rex International, SK Jewellery, Sinjia LandTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »