Wall Street navigated a tumultuous week of trading, ultimately ending the period near its starting point. The market’s gyrations reflect the ongoing uncertainty surrounding the economic outlook and the Federal Reserve’s monetary policy. This week’s economic calendar is packed with data that will provide crucial insights for investors. The July Consumer Price Index (CPI) and…
US stock futures are pointing towards a slightly higher open on Monday, suggesting a cautiously optimistic sentiment among investors. This comes as Wall Street gears up for a week brimming with crucial economic data releases that will shed light on inflation and consumer spending, two key factors influencing the trajectory of the market. Last week’s…
Wall Street’s exuberance following the Federal Reserve’s July rate decision has evaporated, replaced by a palpable unease over the health of the US economy. Recent weak labor market data has triggered a shift in investor focus, moving from inflation concerns to the possibility of a recession. This sentiment has been reflected in a sharp decline…
The Federal Reserve’s decision to maintain interest rates, despite growing evidence of an economic slowdown, has sparked a wave of uncertainty and apprehension in the markets. While the Fed hinted at a potential rate cut in September, the timing and magnitude of such a move remain unclear, leaving investors grappling with the implications for the…
