News Formal

Markets today: Stocks rise amid ‘mixed bag’ of data before Powell

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 33 sec. here
  • 43 min. at publisher
  • 📊 Quality Score:
  • News: 159%
  • Publisher: 50%

Asia Notizia

Pacific Rim,Top Asia,Pacific Rim

Stocks rose as traders weighed the latest economic reports for clues on the outlook for U.S. Federal Reserve rates.

BNN Bloomberg's Jon Erlichman looks at how North American markets are shaping up for the trading day.

Equities were mildly higher — with the S&P 500 less than one per cent away from its all-time high. Treasury yields and the U.S. dollar rose slightly. “Our sense is Powell will maintain his dovish tone and signal a cutting cycle starting at the September meeting,” Senyek said. “However, contrary to what the futures market is pricing in for the remainder of 2024, we do not believe the Fed Chair will signal a cut larger than 25 basis points.”

• Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for US$1.5 billion, striking the first major industrial investment for the firm in more than two years.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 83. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

S&P/TSX composite up as energy stocks rise, U.S. stock markets mixedTORONTO — Canada's main stock index rose Monday, helped by strength in the energy sector as the price of oil also climbed, while U.S. markets were mixed.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »

S&P/TSX composite up as energy stocks rise, U.S. stock markets mixedTORONTO — Canada's main stock index was up in late-morning trading, helped by strength in the energy sector as the price of oil also climbed higher.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Asian Stocks Eye Mixed Start as Volatility Wanes: Markets Wrap(Bloomberg) -- Asian stocks were poised for a mixed open on Monday as traders shifted focus to key US data prints this week after a volatile start to August....
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »