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U.S. Stocks Swing Amid Middle East Tensions and Fed Policy /
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2024-05-31 21:59:48

U.S. Stocks Swing Amid Middle East Tensions and Fed Policy on Nostr: US Stocks Rally as Economic Data Hints at Economic Slowdown =============== #c0f35c29 ...

US Stocks Rally as Economic Data Hints at Economic Slowdown
===============
#c0f35c29 ver:1.44

US stocks rally as economic data hints at economic slowdown, putting pressure on the Federal Reserve to cut interest rates. Global equities dip as mixed economic data and US inflation insights influence investor sentiment. Personal consumption expenditures (PCE) price index increases 0.3%, easing fears of reaccelerating price increases. Chicago PMI falls to lowest level in four years. Oil prices lower as traders focus on OPEC+ meeting. Trump Media & Technology Group shares fall after former President Trump found guilty. Marvell Technology shares plunge despite data center revenue jump. Gap Inc. shares surge on better-than-expected earnings. #StockMarket #EconomicData #Inflation #InterestRates #OilPrices #Trump #Earnings...

#newstr #UsStocks #EconomicData #ConsumerSpending #InterestRates #FederalReserve #PersonalIncome #PersonalSpending #PcePriceGains #ChicagoBusinessactivityIndex #NonfarmPayrolls

https://here.news/story/c0f35c29?ver=1.44
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