Stock Market Today: What to Watch

  • 📰 WSJ
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Exxon Mobil and Chevron earnings are in the spotlight

Robust economic data has made it difficult for the Federal Reserve to declare an end to interest-rate rises. Market pricing suggests the central bank is likely to stand pat next month, but gives a somewhat higher chance of it lifting rates in December. Data Thursday showed the economy grew at a 4.9% annual rate in the third quarter, much stronger than economists were anticipating a few months ago and more than double the second-quarter's rate of expansion.

However, Americans saved less and their incomes, adjusted for inflation, fell. With that in mind, investors will eye the following data. All are for September, and all are due at 8:30 a.m. ET today: Consumer spending. Economists polled by the Journal forecast a 0.5% rise. Personal income is seen up 0.4%. The personal-consumption expenditures price index—the Fed's preferred inflation marker—is also due. Core prices, which exclude volatile food and energy, are expected to have risen 0.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After EarningsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Dow Opens Higher, Meta Stock Price Falls; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Dow, Nasdaq Drop; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: Dow, Nasdaq Drop; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »