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Stock Market Today: Dow ends higher as focus shifts to consumer inflation data
© Reuters Investing.com — The Dow closed higher Wednesday, shrugging off data pointing to an uptick in the pace of inflation as investor focus shifted to consumer inflation data for September that will likely seal the Federal Reserve’s decision on whether to stand pat on rate hikes next month. The rose 0.2%, 65 points, gained 0.7%
Oil down over 3% in 2 days, shredding ‘war premium’ as Saudis assure supply
© Reuters. Investing.com – Saudi Arabia is truly “balancing” the oil market by preparing to ship full volumes required by its North Asian customers, notwithstanding its output cuts — an act that’s costing it in price-per-barrel. Crude prices fell almost 3% on Wednesday, hanging on to just little of Monday’s 4% surge that came on
US CPI preview: Bond market and analyst expectations, S&P 500 reaction and more
© Reuters. US CPI preview: Bond market and analyst expectations, S&P 500 reaction and more The Consumer Price Index (CPI) report for September 2023 is scheduled for release on Thursday, October 12, at 08:30 ET (12:30 GMT). Since March 2023, there has been a general cooling of prices for both goods and services. While prices
Tearful Caroline Ellison calls FTX collapse a ‘relief’ at Sam Bankman-Fried trial
© Reuters. FILE PHOTO: Former crypto hedge fund Alameda Research CEO Caroline Ellison finds and points out Sam Bankman-Fried during Bankman-Fried’s fraud trial over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York City, U.S., O By Jody Godoy and Luc Cohen NEW YORK (Reuters) -Caroline Ellison, Sam Bankman-Fried’s confidant
Oil falls over 2% after Saudi pledge; investors keep wary eye on Israel
© Reuters. FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. REUTERS/Agustin Marcarian/File Photo By Nicole Jao NEW YORK (Reuters) -Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East
Wall Street advances as bond yields fall, investors digest Fed minutes
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. REUTERS/Brendan McDermid/File Photo By Sinéad Carew and Shashwat Chauhan (Reuters) – Wall Street’s major indexes closed higher after Wednesday’s choppy session with the release of minutes from the U.S. Federal Reserve’s
