The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexes.
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Tag: Federal Reserve
US existing home sales rebound in October
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
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Motor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Read More Motor vehicles, electronic goods lift US retail sales in October
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
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October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady
The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate.
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S&P 500, Dow set for best week this year on Trump win, rate cut
The S&P 500 and the Dow edged higher on Friday, putting them on course for their best week this year, as a sweeping Trump victory powered bets of a business-friendly agenda.
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