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1 week ago | 
kiplinger.com | Karee Venema
Stocks opened higher Friday after Fed Governor Christopher Waller, whose name is in the running to replace Fed Chair Jerome Powell, said rate cuts could come as soon as the central bank's July meeting.
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1 week ago | 
inkl.com | Karee Venema
Blue stock market chart. Stocks opened higher Friday after Fed Governor Christopher Waller, whose name is in the running to replace Fed Chair Jerome Powell, said rate cuts could come as soon as the central bank's July meeting.
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2 weeks ago | 
kiplinger.com | Karee Venema
News that Israel attacked Iran overnight shook investor sentiment and sent stocks tumbling out of the gate Friday. Losses accelerated into the close after mid-afternoon reports indicated Iran launched retaliatory missiles toward Israel. "A heightening of Middle Eastern tensions has investors running for cover," says José Torres, senior economist at Interactive Brokers.
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2 weeks ago | 
inkl.com | Karee Venema
Indeed, crude oil futures jumped 7.3% Friday to finish at $72.98 per barrel – their highest settlement since mid-February. As Torres explains, this big jump in oil prices "is especially problematic" following this week's encouraging inflation reports "that bolstered rate-cut hopes and widened the path for further upside in stocks."According to CME Group's FedWatch, futures traders expect the next quarter-point rate cut to come at the Fed's September meeting.
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2 weeks ago | 
kiplinger.com | Karee Venema
Stocks opened lower Thursday as Wall Street weighed the Trump administration's latest tariff threats against another soft inflation reading. However, the main equity indexes were positive at the close as Treasury yields declined.
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2 weeks ago | 
kiplinger.com | Karee Venema
Stocks opened higher Wednesday as market participants cheered upbeat inflation data and encouraging news on the U.S.-China trade front, but turned lower into the close. Ahead of the opening bell, data from the Bureau of Labor Statistics showed the Consumer Price Index (CPI) rose 0.1% month over month in May, slower than April's 0.2% rise and the 0.2% increase economists expected.
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2 weeks ago | 
kiplinger.com | Karee Venema
President Trump's tariff policies have yet to impact inflationInflation eased more than expected in May, according to the Bureau of Labor Statistics. Headline CPI was up 0.1% month over month in May, slower than April's 0.2% rise and the 0.2% increase economists expected. The CPI was 2.4% higher year over year, slightly higher than the 2.3% increase seen the month prior and in line with economists' projections.
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2 weeks ago | 
kiplinger.com | Karee Venema
The latest Consumer Price Index (CPI) report showed inflation rose less than expected in May, signaling a muted impact from President Donald Trump's tariff policies. According to the Bureau of Labor Statistics, headline CPI was up 0.1% month over month in May, slower than April's 0.2% rise and the 0.2% increase economists expected. The CPI was 2.4% higher year over year, a tad bit quicker than the 2.3% increase seen the month prior and in line with economists' projections.
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3 weeks ago | 
kiplinger.com | Karee Venema
This week's economic calendar features Consumer Price Index (CPI) data and preliminary sentiment survey results for May.
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3 weeks ago | 
kiplinger.com | Karee Venema
Stocks struggled for direction Thursday as market participants awaited more details on tariff negotiations between the U.S. and its trading partners. On Wednesday, President Donald Trump and Chinese President Xi Jinping held a roughly 90-minute phone call to discuss trade between the two countries.
