Dollar dominates as inflation heats up
NEW YORK (Reuters) – Surging inflation and expectations of a potentially more hawkish Federal Reserve are accelerating a rally in the U.S. dollar, buoying the currency to a near 16-month … Read More
Tag: USA
Wall Street set to rise on tech strength; Tesla extends losses
(Reuters) -U.S. stock indexes were set to rise on Monday as economically resilient sectors benefited from inflation jitters, while investors awaited a slew of retail earnings and economic data this … Read More
Fed unveils bond-buying 'taper,' sticks with 'transitory' inflation belief
Slideshow ( 2 images )WASHINGTON (Reuters) – The Federal Reserve on Wednesday said it will begin trimming its monthly bond purchases in November with plans to end them in 2022, … Read More
Wall St scales record peaks on earnings cheer; Fed meeting in focus
(Reuters) – Wall Street’s main indexes climbed to record highs on Tuesday, getting a boost from a string of encouraging earnings reports, while investors anticipated the Federal Reserve’s next meeting … Read More
Wall Street banks step up preparations for Fed tapering volatility
NEW YORK (Reuters) – Wall Street banks are intensifying preparations for the Federal Reserve’s withdrawal of pandemic stimulus to ensure they are able to handle spikes in market volatility, help … Read More
Tesla lifts Nasdaq to record territory; focus turns to Fed's policy meet
(Reuters) – The Nasdaq index hovered at a record high on Monday boosted by gains in Tesla and Meta Platforms, although investors refrained from making big bets ahead of the … Read More
U.S. home price growth slowed in August- S&P Case-Shiller
FILE PHOTO: Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. REUTERS/Mike Blake/File Photo(Reuters) – U.S. … Read More
S&P 500, Dow hit new highs; Big Tech struggles ahead of earnings
(Reuters) – The S&P 500 hit a record high on Monday, led by Tesla and Paypal, while industrial bellwethers Caterpillar and 3M lifted the Dow to a new peak in … Read More
Yellen says U.S. is not losing control of inflation
FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks as U.S. President Joe Biden holds a meeting with business leaders and CEOs about the debt limit at the White House in … Read More
Nasdaq, S&P 500 end lower, dragged down by communications services
(Reuters) – The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc and Intel Corp put pressure on the communications and technology sectors and … Read More
Fed's Bowman says U.S. labor market could struggle to return to pre-pandemic levels
FILE PHOTO: U.S. Federal Reserve Governor Michelle Bowman gives her first public remarks as a Fed policymaker at an American Bankers Association conference in San Diego, California, U.S., February 11 … Read More
S&P, Nasdaq enjoy boost from big tech firms, Dow dips
(Reuters) – The S&P and Nasdaq were gaining on Monday with a helping hand from heavyweight technology companies as investors appeared optimistic about the third-quarter earnings season.FILE PHOTO: Traders work … Read More