2% target
US inflation rises moderately, consumer spending cools
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Advanced Micro Devices
S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
benchmark overnight interest rate
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
$2
Fed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
AI-related products
Global equities gain as US dollar extends drop
Global equities were higher on Monday in muted trading ahead of the U.S. Thanksgiving holiday later in the week.
10-year Treasury note yield
S&P 500, Nasdaq score longest win streak in 2 years on rates view
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.