S&P, Closes up 4% in May | Market Story

As a general recap, indexes were catios and flatter Friday. Just after 10 AM EST, the $S&P 500 Index traded up just 0.05%, the $Dow Jones Industrial Average climbed 0.12%, and the $Nasdaq Composite In

moomoo News16:02 ET

Inflation Fell a Little, and Market Is Not Celebrating | Herd on Wall Street

Morning mooers! It's finally Friday, May 31, the market is open and mostly climbing. PCE index numbers showed a single 0.1% decline in core prices for April, to not much celebration.

Kevin TraversMay 31 10:42 ET

PCE Inflation Data for April: What Economists Expect

By WSJ Staff Are inflationary pressures abating? Investors will get a fresh look on Friday, with the Federal Reserve's favored inflation metric due at 8:30 a.m. ET. Here's what economists expect fro

WSJMay 31 05:19 ET

Liquidity Is Starting to Dry up as the Fed Conducts QT and Bank Lending Slows, Says JPMorgan

By Steve Goldstein Liquidity in U.S. financial markets is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorga

MarketWatchMay 31 02:53 ET

Gold trading reminder: GDP data is dragging down the trend of US dollar and US bond yields, and gold prices will be tested by US PCE data

Gold prices closed slightly higher on Thursday. The US GDP data for the first quarter was lowered, dragging down the US dollar and US bond yields, helping the price of gold to rebound after hitting a three-week low and close at around 2342.83 US dollars/ounce. The focus will now shift to the personal consumption expenditure (PCE) price index announced on Friday. This is the Fed's preferred measure of inflation and may have a big impact on the timing of the Fed's interest rate cuts.

FX678 FinanceMay 30 20:14 ET

Stocks Fall as Investors Prepare for Upcoming Key Inflation Data | Market Story

The market was green by majority Thursday, but don't tell anyone.

moomoo NewsMay 30 16:01 ET