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U.S. Stocks Swing Amid Middle East Tensions and Fed Policy /
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2024-05-01 16:03:47

U.S. Stocks Swing Amid Middle East Tensions and Fed Policy on Nostr: Global stocks decline after US economic data, eyes on Fed =============== #c0f35c29 ...

Global stocks decline after US economic data, eyes on Fed
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#c0f35c29 ver:0.77

Global stocks decline as US economic data raises concerns about inflation and interest rate cuts. Dow Jones rises after unexpected softening of US PMI figures, fueling hopes for earlier rate cut. Market awaits messaging from Fed Chairman Powell. Asian-Pacific markets open lower due to revived inflation apprehensions. US private payrolls increase, job openings fall, and manufacturing contracts. Fed expected to hold rates steady, but comments from Powell could provide insight. Oil prices fall for third day....

#newstr #Stocks #Dollar #FederalReserve #EconomicData #InterestRates

https://here.news/story/c0f35c29?ver=0.77
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