(Reuters) – Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index…
Category: Uncategorized
US equity funds saw largest weekly outflow in 18 months ahead of Fed decision
(Reuters) – U.S. equity funds observed heavy outflows in the seven days through June 12…
NY Fed data shows neutral rate holding steady at low level
By Michael S. Derby NEW YORK (Reuters) – The underlying level of interest rates viewed…
US home sales crumble in May on higher rates and record prices, says Redfin
(Reuters) – U.S. home sales in May fell to among the lowest levels in the…
Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing…
US VP announces $1.5 billion for aid for Ukraine at peace summit in Switzerland
By Steve Holland LUCERNE, Switzerland (Reuters) – U.S. Vice President Kamala Harris announced more than…
Retail stocks search for direction as rates stay high
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are…
Biden poised to announce immigration relief for spouses of US citizens, sources say
By Ted Hesson and Mica Rosenberg WASHINGTON (Reuters) – U.S. President Joe Biden could soon…
Microsoft president to testify before House panel over security lapses
WASHINGTON (Reuters) – Microsoft President Brad Smith will testify before a House of Representatives panel…
Flat US May CPI boosts confidence that Fed is reining in inflation
(Reuters) -The U.S. Consumer Price Index was unexpectedly unchanged in May amid cheaper gasoline, but…