Consumer spending rose 0.2% in May Inflation-adjusted spending fell by 0.4% The core PCE price index is up 0.3%; an increase of 4.7% over the previous year Weekly unemployment claims fall from 2,000 to 231,000 WASHINGTON, June 30 (Reuters) – U.S. consumer spending rose less than expected in May as motor vehicles remained rare, while …
U.S. consumer spending, core inflation slowed in May Read More »
LONDON, June 29 (Reuters) – World stock markets slipped for the second day in a row on Wednesday, and bond yields fell amid growing fears that policymakers looking to cut inflation would plunge their economies into recession. A series of weak data releases in Europe and the United States did not prevent central bankers from …
Global stocks are falling as consumer data raises concerns about the recession Read More »
LONDON, June 28 (Reuters) – Global stocks rose on Tuesday as oil prices rose after China’s decision to ease some quarantine conditions for international arrivals, sparking hope for stronger growth and a revival in demand for goods. China has halved the quarantine time for incoming passengers by greatly easing one of the world’s strictest restrictions, …
Stocks, oil are rising as China eases quarantine rules Read More »
A trader works on the New York Stock Exchange (NISE) in New York, USA, June 22, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register S&P 500 energy shares among several winners Robinhood is growing on the Goldman Sachs upgrade Dov stable, S&P up 0.25%, Nasdaq down 0.34% June 27 …
Stock growth pulls Nasdaq lower, energy stocks bounce back Read More »
U.S. stocks rose sharply early Copper falls again, more oil Treasury yields are rising NEW YORK, June 24 (Reuters) – Shares in world markets jumped Friday, with Wall Street up more than 2 percent, and the global MSCI index set for weekly growth after three consecutive weeks of decline, as falling commodity prices eased concerns …
Shares are rising, copper continues to fall while investors assess the risk of recession Read More »
LONDON, June 21 (Reuters) – Wall Street was scheduled to open on Tuesday on a rise, with European stocks set for a second day of growth, recovering slightly from last week’s lows of 17 months but major central bank plans to raise interest rates. rate and global recession risks have kept investors wary. Global stocks …
Wall Street is ready to return, but the risk of recession keeps investors wary Read More »
