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LATEST NEWS FROM U.S. MARKETS
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Mapping the Market: A breather, then more gains for US tech shares
U.S. technology shares may need to pause after their recent run-up, but chart patterns suggest the rally could still have room to go.
U.S. Markets
China's central bank pledges timely new policy rollout
China's central bank said on Wednesday it would maintain an appropriately loose monetary stance and roll out practical, effective measures as needed, but stopped short of signali...
U.S. Markets
Inflation is the biggest problem, Fed's Goolsbee says
Federal Reserve Bank of Chicago President Austan Goolsbee is more concerned about too-high inflation than about any labor market weakness, though it is not clear if that worry tra...
U.S. Markets
Atlanta Fed's Venable: Inflation too high, with prospect of easing dependent on events in Middle East
Atlanta Fed interim President Cheryl Venable said on Tuesday that inflation remains too high, a message heard from contacts across the Southeast, with the likelihood of easing pri...
U.S. Markets
Gold to reach $5,000 in first half of 2027, UBS says
UBS said in a note on Friday that it expects gold prices to climb to $5,000 per ounce in the first half of 2027, while cautioning that near-term risks remain.
U.S. Markets
US construction spending unexpectedly falls in June
U.S. construction spending unexpectedly fell in June as higher mortgage rates continued to weigh on homebuilding.
U.S. Markets
Hungary's PMI edged down to 51.4 in July
Hungary's seasonally-adjusted Purchasing Managers' Index (PMI) edged down to 51.4 in July from a revised 51.6 in June, the index publisher said on Monday.
U.S. Markets
US inflation slows in June, but reversal likely amid Middle East conflict
The PCE Price Index slipped 0.1% on a month-over-month basis.
U.S. Markets
Fed's Warsh says there is no 'soft target' for inflation, only a 2% goal
Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. central bank has no higher "soft target" for inflation and is determined to meet its longstanding 2% goal d...
U.S. Markets