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Most markets rise on US jobs data but fears temper optimism
Equities were mixed Wednesday as building optimism that the Federal Reserve will cut interest rates before the end of the year was offset by renewed worries about the US economy.A below-forecast read on job openings Tuesday indicated the resilient labour market was showing signs of softening a day after a big downside miss on factory activity -- suggesting a long-running period of high inflation and borrowing costs was taking its toll.
Stock market today: US stocks rise ahead of big week for economic data
"Bad news has been good news for equities over the past two months, but if growth deteriorates too much, bad news can turn into bad news," BofA said.
US Stocks Mixed As Markets Try To Shake Off Economic Concerns
Wall Street stocks logged a mixed showing on Monday, as investors tried to look past weaker than expected economic data.
Stock Market Today: Stocks mixed with jobs data in focus: GameStop soars
Stocks will focus on a key set of labor market readings this week as investors look to a key Fed rate decision on June 12.
INSTOREMAG
6d
US Consumer Confidence Rose in May
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
4d
on MSN
US inflation up moderately in April, consumer spending weakens
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
6h
Nasdaq Index, Dow Jones, S&P 500 News: US Stocks Rise After Labor Data Fuels Rate Cut Speculation
Declining issues outnumbered advancers on both the NYSE and Nasdaq. The S&P 500 posted 19 new 52-week highs and 6 new lows, while the Nasdaq recorded 40 new highs and 134 new lows. Total trading ...
1d
South Korea Consumer Inflation Slows to 10-Month Low
SEOUL (Reuters) - South Korea's consumer inflation slowed for a second straight month in May to a 10-month low, official data ...
1d
on MSN
Spotify raising US prices for premium plans, again
Spotify is hiking prices for its Premium plans in the U.S. for the second time in less than a year in the audio streaming ...
13d
on MSN
Federal Reserve minutes: Policymakers saw a longer path to rate cuts
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...
U.S. News & World Report
7d
Brazil Consumer Prices Rise Less Than Expected in Mid-May
SAO PAULO (Reuters) -
Consumer
prices
in Brazil
rose
less than expected in the month to mid-May, data from statistics ...
12d
Mexico Consumer Prices Rise More Than Expected
Mexico’s annual inflation accelerated slightly more than expected during the first two weeks of May, likely fueling bets that ...
The Associated Press on MSN
21d
New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
WASHINGTON (AP) — New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are ...
kahawatungu
1d
Spotify Increases Monthly Premium Prices In The US To Ksh.1,600
Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming ...
23h
Indian Consumer Stocks Stand Out as Poll Results Spur Selloff
Shares of consumer goods companies emerged as a bright spot in India even as local stocks tumbled following election results ...
5d
US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
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