Marketscreener.com on Nostr: News Highlights: Top Global Markets News of the Day - Friday at 3 AM ET ========== ...
News Highlights: Top Global Markets News of the Day - Friday at 3 AM ET
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The S&P 500 rises to a new record to close out the monster first quarter, marking its best start to the year since 2019. Top banking economists predict that the Federal Reserve will cut interest rates three times this year, with the first reduction in June. Good Friday's PCE data brings a crucial inflation reading, but markets are closed. In the week ahead, investors will focus on U.S. monthly jobs data and German inflation figures. Gas prices topping $4 a gallon this summer are possible but not expected. ETF flows in the first quarter reflect investor hopes for a 'soft landing'. The final reading of U.S. growth in the 2023 fourth quarter was raised to a 3.4% annual pace. Consumer sentiment climbs to a 2 1/2-year high as inflation eases. The Chicago Business Barometer weakens for the fourth straight month in March. The article also includes other news highlights and stock market updates.
#S&p500 #FederalReserve #InterestRates #Inflation #JobsData #GermanInflation #GasPrices #EtfFlows #UsGrowth #ConsumerSentiment #ChicagoBusinessBarometer #StockMarket
https://www.marketscreener.com/quote/index/S-P-500-4985/news/News-Highlights-Top-Global-Markets-News-of-the-Day-Friday-at-3-AM-ET-46317195/
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The S&P 500 rises to a new record to close out the monster first quarter, marking its best start to the year since 2019. Top banking economists predict that the Federal Reserve will cut interest rates three times this year, with the first reduction in June. Good Friday's PCE data brings a crucial inflation reading, but markets are closed. In the week ahead, investors will focus on U.S. monthly jobs data and German inflation figures. Gas prices topping $4 a gallon this summer are possible but not expected. ETF flows in the first quarter reflect investor hopes for a 'soft landing'. The final reading of U.S. growth in the 2023 fourth quarter was raised to a 3.4% annual pace. Consumer sentiment climbs to a 2 1/2-year high as inflation eases. The Chicago Business Barometer weakens for the fourth straight month in March. The article also includes other news highlights and stock market updates.
#S&p500 #FederalReserve #InterestRates #Inflation #JobsData #GermanInflation #GasPrices #EtfFlows #UsGrowth #ConsumerSentiment #ChicagoBusinessBarometer #StockMarket
https://www.marketscreener.com/quote/index/S-P-500-4985/news/News-Highlights-Top-Global-Markets-News-of-the-Day-Friday-at-3-AM-ET-46317195/