Thursday’s release of the U.S. Commerce Department’s core PCE price index, the Federal Reserve’s preferred inflation measure, defined the week’s market sentiment.
Continue readingWeek in Review: Nvidia’s Earnings Beat Sparks Market Rally
In the U.S., S&P Global has released early estimations of its Purchasing Managers’ Indexes (PMI) for both the services and manufacturing sectors.
Continue readingWeek in Review: Hotter Than Expected US inflation
U.S. consumer prices rose more than expected in January, amid stubbornly high shelter prices.
Continue readingWeek in Review: The S&P 500 Reaches 5,000
The S&P 500 breaks through 5,000, after its 20 percent surge since November.
Continue readingWeek in Review: Dovish Fed Sparks Market Rally
The Federal Reserve held its final policy meeting of the year this week. As anticipated, officials kept rates unchanged.
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