The U.S. stock market experienced a divided day on Friday as investors evaluated the quarterly earnings of several major banks and another closely monitored inflation reading.The Dow Jones Industrial Average
On Thursday, U.S. stocks declined as inflation data exceeded expectations. This presents a potential dilemma for Federal Reserve officials as they contemplate additional potential interest rate reductions this year.The Dow
FOMC Meeting Minutes and Fedspeak take center stage in the American afternoon.The market mood soured on talks US authorities could seek a Google breakout.XAU/USD pressures its weekly lows and gains
In September, consumer confidence in the United States unexpectedly declined as concerns regarding the labor market continued to escalate.On Tuesday, the Conference Board reported that its consumer confidence index decreased
As investors took a breather near record levels in anticipation of a plethora of additional signals from the Federal Reserve this week, U.S. equities traded marginally higher on Monday. NASDAQ
The Federal Reserve may be discouraged from implementing a half-point interest rate cut next week, as underlying inflation remained stagnant in the face of higher rents and costs for certain
Gold prices (XAU/USD) saw some dip-buying near the $2,424 level on Monday, continuing the upward momentum from last week’s rebound, which was supported by the 50-day Simple Moving Average (SMA).
Gold has recently experienced a dramatic rebound after seeing a sharp drop at the start of this week. The price of the metal has stabilized above $2,400 and at present,