The US CPI for April 2024 will be released on May 15, 2024 at 8:30 a.m. Eastern Time. That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment. Thank you and adios!
The stock market finished the week positively, with the S&P 500 (SPX) rising by 1.3% to nearly touch its 50-day moving average at 5,129 points, while the Nasdaq Composite (COMPX) saw a 2.0% increase. The Russell 2000 (RUT) also climbed by 1.0%, bringing its year-to-date gain to 0.4%. We saw Crude oil drop by 1.22% and VIX was down by 8.11%. Gold has a small increase of 0.02%. Will we see similar performance this week? ...
The ECI grew 1.2% quarter-over-quarter (QoQ) and 4.2% year-over-year (YoY) in Q1 2024, exceeding expectations and matching the previous quarter's growth rate. Private wages and salaries increased 1.1% QoQ and 4.3% YoY, unchanged from the previous quarter. The growth in private wages was broad-based across occupations, with sales experiencing a notable 1.9% QoQ increase. Notably, wages and salaries of state and local governments grew 1.4% QoQ and 5.0% YoY, driven by healthcare services and public...
$Russell 2000 Index(.RUT.US)$to funny how now the market isn't moving as things like tsla and Apple just keep gaining even nvda up from earlier alot weird right no dropping before to straight down
As the Fed turn back to higher for longer, zombie firms in$Ishares Russell 2000 Value Etf(IWN.US)$will suffer. They are much more sensitive to interest rate than the big firms in$SPDR S&P 500 ETF(SPY.US)$, that’s why they fall whe the big names indexes are still in greens. Stocks in the$Russell 2000 Index(.RUT.US)$are chasing the rise of$S&P 500 Index(.SPX.US)$. They are no gainer this month, however market apetite is still high. I choose sell call to benefit from this follower suffer marke...
Mars MoooOP :
moomooZeski : Until President Biden is replaced, expect any economic numbers to be less than expectations.