Gina Bolvin

Index futures trading point to a slightly positive start on Thursday, with some key Main Street data likely directing the market. Sentiment could remain guarded as traders look ahead to the 3-day Jackson Hole Symposium that kickstarts on Thursday, with Federal Reserve Chairman Jerome Powell...

Financial markets are poised for a bumpy ride as they face a series of recent events that have led to a major selloff, analysts say. On Thursday, the Federal Reserve held off on cutting rates and then a cooler-than-expected U.S. jobs report landed on Friday while Iran threatened to attack Israel....

U.S. stocks could shake off the past week’s negativity and push ahead on expectations of a healthy reporting season, the Federal Reserve cutting rates, and the rising odds of a victory for former President Donald Trump in the Nov. election. President Joe Biden on Sunday confirmed the...

Wall Street experienced a significant downturn Thursday as volatility surged, triggered by a shift in risk sentiment following a combination of mixed earnings reports and stronger-than-predicted economic data, with the latter reviving concerns for an additional rate hike down the road. The U.S....

The Consumer Price Index rose from 3% in June to 3.2% in July, narrowly missing the anticipated 3.3%. Core inflation (excluding energy and food) was down marginally from 4.8% in June to 4.7% in July, cooler than the projected 4.8%. Traders pushed the broad market SPDR S&P 500 (NYSE:SPY) more...

The Federal Reserve’s favored inflation indicator, the Personal Consumption Expenditure (PCE) price index, saw a slight decrease in price pressures in June, easing investors’ concerns about a potentially destabilizing inflation surge. What Happened: The PCE report for June, issued by...

The Core Personal Consumption Expenditure (PCE) price index, the Federal Reserve’s preferred inflation measure, rose 4.6% year-over-year in May, lower than the expected 4.7%, according to data issued Friday by the U.S. Bureau of Economic Analysis. The market adjusted expectations for a Fed...

The Federal Open Market Committee (FOMC) is widely expected to issue at least one more 0.25% interest rate hike at the conclusion of its meeting on Wednesday. The rate hike itself will likely not move financial markets much, but the language the FOMC uses in its policy statement could be a major...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations. The PPI climbed 0.3% compared to October, exceeding the 0.2% monthly increase economists...