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Bank of America (NYSE:BAC) revealed in its latest report that money market funds recorded the largest outflows since April 2024, with $83.5 billion withdrawn in the week ending January 15.During the week, stocks saw infl... [read more]
US stocks edged lower on Thursday, Jan. 16, as traders weighed the latest batch of earnings reports, while the S&P 500 looked to post its longest winning streak since December.The S&P 500 fell 0.1%, while t... [read more]
The US Consumer Price Index (CPI) reading for December showed that overall inflation was in line with expectations, while core inflation slowed.The US Bureau of Labor Statistics reported on Wednesday, January 15, that th... [read more]
European stock markets closed mixed on Tuesday, January 14, as global investors assessed the lower-than-expected US Producer Price Index reading for December.The European Stoxx 600 index fell 0.40 points, or 0.08%, to 50... [read more]
U.S. stocks fell at the open on Monday as major technology stocks that have led the bull market sold off, while markets awaited fresh economic data that will shape the Fed’s interest rate path.The S&P 500 lost about ... [read more]
The dollar rose on Friday after data showed a stronger-than-expected surge in U.S. jobs last month, boosting expectations that the Federal Reserve will pause its interest rate-cutting cycle at its policy meeting la... [read more]
Gold prices fell on Thursday amid profit-taking after hitting a near four-week high in the previous session, as investors awaited a jobs report due on Friday for clues on the path the US Federal Reserve will take on inte... [read more]
US stocks fell on Wednesday, January 8, after a sharp drop in big tech stocks in the previous session, as renewed concerns about the path of interest rate cuts prompted selling.The Dow Jones Industrial Average fell... [read more]
US stocks turned lower in Tuesday's trading session on Wall Street, reversing early gains.The Dow Jones Industrial Average fell 15 points, or 0.03%. The S&P 500 fell 0.5%. The Nasdaq Composite dropped 1.2%.Shares of ... [read more]
Euro zone annual inflation rose for a third straight month to 2.4% in December from 2.2% in November, data from the European statistics agency Eurostat showed.Core inflation held steady at 2.7% for a fourth straight mont... [read more]
