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Here's the Breakdown for April CPI, in One Chart
Annual CPI in the US eased to 3.4% in April 2024 from 3.5% in March, in line with market forecasts. Core inflation slowed to 3.6% annually, be the lowest reading since April 2021, down from 3.8% in both March and February.
S&P 500 breaks new high StockCharts: Technical shift points to further rise
StockCharts conducted an in-depth analysis of the future trend of the S&P 500 index and put forward positive market expectations.
“Hedge Fund Legend” Taper Q1 made a big deal to increase its stock positions! Slash Nvidia positions
In the first quarter of 2024, this top asset manager drastically reduced its holdings of these technology stocks benefiting from the AI investment frenzy in the first quarter of 2024, but increased its holdings in Chinese securities such as Alibaba and Pinduoduo by a large amount.
Stock Market Rally For 2024 Has Peaked, Goldman Sachs Forecasts 'Flat Return From Now Till The End Of The Year'
The stock market rally for 2024 has reached its peak, according to Goldman Sachs. The firm's chief U.S. equity strategist, David Kostin, has predicted a flat return for the S&P 500 for the remainder o
Inflation Is Cooling. Here Are 3 Money Moves to Make Now
Happy days are here again on Wall Street. Stocks are once again rallying to record highs after Wednesday's consumer price index report showed inflation pressures continue to cool.
Mild CPI Means All-Time Closing Highs | Wall Street Today
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.