Category: General Market News
Ford is trimming its workforce in its legacy divisions, where sales are sagging, but is hiring tech and engineering talent in its EV division, where
It’s still a bear market, according to the U.S. stock market’s sector relative strength rankings. That’s because the sectors that typically do the best at
Here are the most important news items that investors need to start their trading day.
U.S. stock futures tumbled on Friday, erasing earlier gains, after the latest batch of inflation data showed producer prices accelerated faster than some economists expected
Inflation is dying. The Fed will most likely reverse hard.
8.55am: Inflation report sinks stocks Stock futures sharply reversed on Friday morning following the release of a hotter-than-expected wholesale inflation report. After making gains earlier
The best U.S. labor market for workers in decades is starting to fray around the edges, but not fast enough for a Federal Reserve bent
The S&P 500 has dropped 5% in December, despite the month’s reputation for gains.
U.S. stock indexes opened lower on Friday after wholesale prices rose more than expected in November, dampening hopes that inflation might be cooling off. The
November’s PPI reading showed wholesale prices rose 0.3% from the prior month, higher than estimates of 0.2%.