News Formal

U.S. stocks rise as investors wait for pivotal data

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Stocks see gains early Monday as investors continue to weigh up cautious comments from Fed Chairman Jerome Powell and get ready for another big data week.

U.S. stocks rose Monday morning, as investors looked ahead to a week that will deliver important inflation and employment data, following a cautious view from Federal Reserve Chairman Jerome Powell last week.

“More importantly, Powell did not say anything to hinder investor appetite for large cap growth stocks. Consumer discretionary and tech outperformed, large cap outperformed small cap and growth were generally preferred over value,” said von Mehren. “This week’s core PCE figures and the next CPI report in mid-September will be of extra importance in gauging how the Fed may act at its late September meeting,” he said. “Based on the Fed’s continued commitment to curtailing inflation, we believe that the market has been overly optimistic about the end point of restrictive policy rates.”

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Japanese, Hong Kong stocks rise MondayStocks in the Asia-Pacific region mostly rose Monday, Aug. 28. Hong Kong's Hang Seng Index increased 1.0% to 18,130.74, while the Nikkei 225 Index of...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

European stocks set to open higher after Fed chair signals more rate hikes possibleEuropean shares are set to open higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the Federal Reserve.
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »

European stocks open higher after Fed chair signals more rate hikes possibleEuropean shares opened higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the Federal Reserve.
Источник: NBCNewYork - 🏆 270. / 63 Прочитайте больше »

Asian Stock Market: China equities support regional marketsAsian stock markets advanced on Monday, following US equities with mild gains despite the hawkish statement from the US Federal Reserve (Fed) Chairman
Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Источник: NBCLA - 🏆 319. / 59 Прочитайте больше »