Major indexes declined for a third day despite strong economic data, as investors worry solid growth delays Fed rate cuts. Odds of two Fed rate cuts by year-end have dropped to 60%, with upcoming PCE ...
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Dollar rises on better-than-expected data
0856 ET – New signs of resilience in the U.S. labor market give a boost to Treasury yields and the dollar. Weekly jobless claims decline to 198,000 from a downwardly revised 207,000, indicating ...
0903 ET – The dollar was doing well, until the news broke that producer prices in the U.S. fell in August. The PPI index was a negative 0.1%, down from a positive 0.7% in July. Forecasters expected a ...
The S&P 500 snapped a four-day slide on Thursday, boosted by lighter-than-expected inflation data that brightened the outlook for lower interest rates in 2026 and blowout guidance from chipmaker ...
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