Stocks mixed after PCE data signals cooling inflation: Stock market news today

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Stocks are eyeing a fifth straight day of gains after the Fed's preferred inflation gauge signaled a softening in pressures.

Courtney Michelle Love is an American singer, guitarist, songwriter, and actress. A figure in the alternative...Shares of CrowdStrike soared after the company posted better-than-expected second-quarter results and posted a full-year fiscal outlook that was above analysts' expectations. The company saw revenue grow by 37% from a year ago. Yahoo Finance Live breaks down the numbers.

, the last of the big six Canadian banks to report third quarter results, fell as much as 3.6% as it joined bigger rivals in guarding against potentially sour loans, a factor that is dragging on earnings across the sector. blamed soft U.S. real estate and construction sectors and high interest rates for its three-fold jump in bad loan provisions to C$736 million .

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:

 /  🏆 47. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Stock futures mixed ahead of key PCE inflation data: Stock market news todayDow futures rose 120 points, buoyed by Salesforce gains, amid muted trading on the other gauges with the Fed's preferred inflation data on deck.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks Set to Follow US Gains on Fed Outlook: Markets Wrap(Bloomberg) -- Shares in Asia are poised to follow Wall Street gains after US economic reports pointed to slowing growth, adding to bets the Federal Reserve is nearing the end of its tightening cycle.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsFed Ramps Up Demands for Corrective Actions by Regional BanksCitadel Vets 69,000 Intern
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks lose steam with ADP jobs, GDP data in focus: Stock market news todayWall Street's rally in stocks looked set to stall Wednesday, as investors waited for fresh data on jobs and GDP to help gauge whether Federal Reserve tightening has dented the US economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia Stocks Set to Follow US Gains on Fed Outlook: Markets WrapShares in Asia are poised to follow Wall Street gains after US economic reports pointed to slowing growth, adding to bets the Federal Reserve is nearing the end of its tightening cycle.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Europe's Gabon-exposed stocks slide after military coupBy Danilo Masoni MILAN (Reuters) - Shares in European oil producers, miners and other companies with large exposures to Gabon plummeted on Wednesday ...
Source: SaltWire Network - 🏆 45. / 63 Read more »