PCE data continues to cool down! The market still slightly favors a significant rate cut by the Federal Reserve.
USA's August PCE data showed a month-on-month growth rate lower than expected, which may prompt the Federal Reserve to continue further interest rate cuts for the remaining time this year and next year.
A must-have for US stock investment! Take a sneak peek at the major events in October, all the days that affect the ups and downs have been marked out.
Historically, October has the reputation of being the "bear market killer." Since 1990, the s&p 500 index has averaged a 1.45% increase in October, ranking behind only November and April in performance.
Two pieces of bullish economic data, U.S. stocks welcome a 'strong tailwind'!
Analysts point out that as long as inflation in the usa remains within a manageable range, the Federal Reserve can almost completely focus on the labor market, which means cutting interest rates!
Market Clubhouse Morning Memo - September 27th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
U.S. stock market early session | The three major indexes rose together, with the Dow hitting a new high again; Chinese concept stocks continued their strong momentum, with Nio Inc. soaring over 8%, pdd holdings up nearly 6%
On the evening of the 27th Beijing time, the U.S. stock market opened slightly higher on Friday. The PCE inflation data most favored by the Federal Reserve rose by 2.2% year-on-year, lower than expected, indicating easing inflation pressure and a cooling economy. The market expects these data to continue to lead the Fed to cut interest rates in the coming months.
Express News | In the USA, the final value of the University of Michigan Consumer Confidence Index for September was 70.1, expected to be 69.3, with a previous value of 69.