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ColumnsApril PCE Price Index Preview: Inflation May Show Positive Developments as Personal Spending Wanes
The Bureau of Economic Analysis will release the Personal Consumption Expenditure and the price index at 8:30 ET on Friday. Bloomberg economist Stuart Paul noted the Federal Reserve's preferred indicator may signal "encouraging progress" as consumer spending decelerates.
The monthly increase in PCE inflation is projected to remain at 0.3%, which would keep the annual headline inflation rate at 2.7%....
The monthly increase in PCE inflation is projected to remain at 0.3%, which would keep the annual headline inflation rate at 2.7%....
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affable Blobfish_403
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Meme stocks are Pulling back after a two day rush! Meanwhile, the S&P 500 broke 5,300 and joined the Nasdaq and Dow Jones ending the day at new record highs after the CPI print.
Just after 4 PM EST, the $S&P 500 Index traded up 1.17% past an all time high. The $Nasdaq Composite Index opened, setting an all-time closing high, and kept up a 1.40% climb to finish the day at 16,742.39.
The $Dow Jones Industrial Average(.DJI.US$ reached a r...
Just after 4 PM EST, the $S&P 500 Index traded up 1.17% past an all time high. The $Nasdaq Composite Index opened, setting an all-time closing high, and kept up a 1.40% climb to finish the day at 16,742.39.
The $Dow Jones Industrial Average(.DJI.US$ reached a r...
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In the early days of inflation, Powell made a mistake in his prediction.
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affable Blobfish_403
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Indexes were in the green Friday after the latest Magnificent Seven earnings impressed investors.
The $S&P 500 Index climbed 1.02% with preliminary closing figures. The $Dow Jones Industrial Average climbed 0.4%, and the $Nasdaq Composite Index climbed 2.03%.
MACRO
In macro, PCE inflation numbers for the month of March came out higher than expected, up 2.8% compared to 2.6%. The numbers follow GDP numbers for the first quarter that came out low ...
The $S&P 500 Index climbed 1.02% with preliminary closing figures. The $Dow Jones Industrial Average climbed 0.4%, and the $Nasdaq Composite Index climbed 2.03%.
MACRO
In macro, PCE inflation numbers for the month of March came out higher than expected, up 2.8% compared to 2.6%. The numbers follow GDP numbers for the first quarter that came out low ...
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Inflation and the stock market are rising at the same time, unbelievable!
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Indexes fell Thursday and were dragged down by big tech. $Meta Platforms(META.US$ fell 10% after its updated revenue outlook for the year did not match expectations.
With preliminary closing numbers, the $S&P 500 Index fell about 0.46%. The $Dow Jones Industrial Average fell about 0.98%, and the $Nasdaq Composite Index fell about 0.64%.
MACRO
In macro, GDP numbers for the first quarter came out low, at 1.6% growth compared to expectations of 2...
With preliminary closing numbers, the $S&P 500 Index fell about 0.46%. The $Dow Jones Industrial Average fell about 0.98%, and the $Nasdaq Composite Index fell about 0.64%.
MACRO
In macro, GDP numbers for the first quarter came out low, at 1.6% growth compared to expectations of 2...
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More money makes things easier; even if it's borrowed money, the more good it is.
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Indexes held onto the green Tuesday with a deluge of Q1 earnings finally underway that sent markets into rebound territory. Tesla missed earnings expectations, but still gained after hours.
The $S&P 500 Index traded +1.20% at the time of writing on preliminary closing numbers. The $Dow Jones Industrial Average climbed about 0.69%, and the $Nasdaq Composite Index climbed 1.59%.
Last week, market indexes pulled back hard. Th...
The $S&P 500 Index traded +1.20% at the time of writing on preliminary closing numbers. The $Dow Jones Industrial Average climbed about 0.69%, and the $Nasdaq Composite Index climbed 1.59%.
Last week, market indexes pulled back hard. Th...
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affable Blobfish_403
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Morning mooers! It is Wednesday, April 17th, the market is open and chugging away toward the green.
My name is Kevin Travers, and here are your morning moovers:
MOOVERS
$United Airlineswas the best-performing stock in the S&P 500 after the firm defied Boeing-related problems to post a narrower-than-expected loss. The industry rose alongside UAL, with $American Airlines climbing 4.8%, and $Delta Air Lines(DAL.US$ climbing 3%.
$Autodesk shares ar...
My name is Kevin Travers, and here are your morning moovers:
MOOVERS
$United Airlineswas the best-performing stock in the S&P 500 after the firm defied Boeing-related problems to post a narrower-than-expected loss. The industry rose alongside UAL, with $American Airlines climbing 4.8%, and $Delta Air Lines(DAL.US$ climbing 3%.
$Autodesk shares ar...
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affable Blobfish_403 : As long as the data is real, then it is worth referring to.