The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.
Read More S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
Tag: Federal Reserve
Bitcoin tops $106,000, hopes grow for strategic reserve
Bitcoin hit a record high above $106,000 after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.
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U.S. Producer Prices Rise 0.4% In November Amid Job Market Signals Of Cooling
Dale Smothers, President and CEO of RDS Wealth Management joins Alicia Summers to share his insights on these trends, addressing concerns about inflation pressures ahead of expected Federal Reserve rate cuts next week.
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US weekly jobless claims unexpectedly rise
More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.
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U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.
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US consumer prices post largest gain in seven months; cost of rent subsides
Consumer prices increased by the most in seven months, but that is unlikely to discourage the Federal Reserve from delivering a third consecutive interest rate cut next week.
Read More US consumer prices post largest gain in seven months; cost of rent subsides