To panic over inflation or not? Data this week takes Wall Street on a roller-coaster
Economic data on inflation dominated a chunk of the headlines this week on Wall Street, with investors being taken on a roller-coaster ride amid mixed signals that left traders wondering whether to be ...
PPI Data Accelerate Fed Rate-Cut Expectations
The latest U.S. producer-price inflation data have slightly brought forward market expectations of when the Federal Reserve will cut interest rates. Wednesday's above-forecast CPI data pushed market ...
Wall Street snaps two-week losing streak, leaving S&P 500 just under record close
The S&P 500 (SP500) on Friday advanced 1.47% for the week to end at 6,114.63 points, posting gains in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust (NYSEARCA:SPY) added 1.49% for ...
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Is the stock market sleepwalking into global recession as U.S. growth slows?
Ilya Spivak , tastylive head of global macro, has 15 years of experience in trading strategy, and he specializes in identifying thematic moves in currencies, commodities, interest rates and equities.