Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Read More Dow leads Wall St higher in lean trading weekCategory: Business
US durable goods orders rebound; business spending outlook improves
Orders for long-lasting U.S. manufactured goods increased more than expected in February.
Read More US durable goods orders rebound; business spending outlook improvesFed’s Goolsbee says he sees three rate cuts this year
Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.
Read More Fed’s Goolsbee says he sees three rate cuts this yearUS new home sales unexpectedly fall in February
New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.
Read More US new home sales unexpectedly fall in FebruaryWestern banks warn of risks in EU plan to grab Russian assets, sources say
Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets.
Read More Western banks warn of risks in EU plan to grab Russian assets, sources sayUS weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling