The Fed's 'favorite' inflation indicators continue to cool down! The core PCE in August compared to 0.1%, hitting a new low since May.
"The New York Fed communicator" Nick Timiraos commented on this month's PCE data, saying that the PCE indicator favored by the Fed is not far from the Fed's target.
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.
Seasonal trend broken? s&p 500 index expected to achieve first September increase in five years.
The US stock market is experiencing a steady rise in September, which is usually a month of weak performance.
Express News | USA Commodity Futures Trading Commission (CFTC): As of the week ending September 24th, securities fund managers increased their net long positions on the s&p 500 index CME by 45,709 contracts to 1,067,272 contracts, while securities fund speculators reduc
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!
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.