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Pce Inflation Report

All articles tagged with #pce inflation report

finance1 year ago

"Stock Futures Slip as Investors Await Inflation Data: Live Updates"

US stock futures slipped as caution prevailed ahead of a crucial inflation report, with Dow Jones and S&P 500 futures sagging 0.3% and Nasdaq 100 futures dropping roughly 0.4%. Investors are awaiting the PCE inflation reading to guide expectations for interest rate cuts, while bitcoin continued its rally, nearing a fresh all-time high. Beyond Meat's stock soared over 60% in premarket trading after the plant-based meat company's CEO promised cost cuts in a turnaround bid, potentially fueled by a fierce short-covering rally due to its massive short position.

via Yahoo Finance|
#beyond-meat#bitcoin#finance
business2 years ago

Tech Winners Rally as Dow Futures Rise, Tesla Cybertruck Gains Momentum

Dow Jones futures rose slightly after hours, with tech winners including Salesforce.com (CRM) and Nutanix (NTNX) reporting positive earnings. The stock market rally opened with solid gains but soon came off early highs, with the Nasdaq and S&P 500 closing slightly lower. Investors are keeping an eye on the upcoming Tesla Cybertruck event and the release of the PCE inflation report. Treasury bond yields continue to fall, and concerns about economic growth slowing may be propping up the market rally.

via Investor's Business Daily|
#business#cybertruck#dow-jones-futures
stock-market2 years ago

Salesforce Soars as Dow Futures Rise, Inflation Data Awaited

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly overnight. Salesforce.com (CRM) saw a jump in stock price after reporting strong earnings. The stock market rally continued to gain momentum, with several software companies, including CrowdStrike (CRWD), Okta (OKTA), and Veeva Systems (VEEV), also reporting positive earnings. Additionally, Shopify (SHOP) rose after announcing a deeper integration with Amazon. Four major stocks, Tesla (TSLA), Amazon.com (AMZN), Meta Platforms (META), and Apple (AAPL), are trading near the 50-day line, potentially offering entry points. The release of the PCE inflation report and weekly jobless claims data are expected to impact Dow futures and Treasury yields.

via Investor's Business Daily|
#buying-opportunities#dow-jones-futures#pce-inflation-report
finance2 years ago

Stocks Rise on Tech Gains and Positive Economic Reports.

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with attention turning to the Federal Reserve's favorite inflation report, the PCE price index. The stock market rally extended Wednesday's strong gains with modest gains. The Nasdaq closed above 12,000 while the big-cap Nasdaq 100 hit a seven-month high. The IRS on Friday could limit U.S. tax credits for the entry-level Tesla Model 3. Aehr Test Systems headlined earnings after the close.

via Investor's Business Daily|
#aehr-test-systems#finance#irs-tax-credits