PCE Data - Truenewj

Market Update: US Stock Futures Lower Ahead of Fed Comments

amefika8 months ago03 mins

US stock index futures are showing a slight decline as investors anxiously await comments from Federal Reserve officials, seeking clarity on the direction of interest rates. The market paused its November rally and attention now turns to possible policy signals following data suggesting a slowdown in inflation. Zscaler shares have suffered a drop as quarterly…

Wall Street Set for Gains on Tech Boom, Positive PCE Data

amefika8 months ago02 mins

Wall Street’s main indices are expected to open higher today, boosted by strong quarterly results from tech giants Alphabet and Microsoft. This rise in growth stocks is accompanied by encouraging signs of progress in managing inflation, reviving hopes of a possible interest rate cut later this year. Alphabet’s premarket trading soared 11.7% following the announcement…